Carbon tax is a political tool and doesn't achieve anything in reality other than penalizing the first world while the rest get a pass, including China.

Really, look into who proposes a carbon tax. It isn't scientists

It doesn’t penalize first world nations, the carbon tax includes a carbon tax on all imports, called a “border carbon adjustment”. This includes things like long distance transport, so it’s actually fairly protectionist for the US vs Chinese manufacturing.

It’s proposed by a huge assortment of economists, including a lot of heavyweights: https://clcouncil.org/economists-statement/

How many credits does a corporation receive? By what measure do newly founded companies assess their carbon expense?

Economists!? Honestly not the group I would defer to at this particular moment in time. We are on the precipice of a possible global finance collapse thanks to their pseudoscience

It’s not measured with credits afaik, taxation happens at the time of carbon extraction from the ground or at the border if extracted elsewhere, or at the border for imported goods that haven’t had a carbon tax applied, to avoid disadvantageous local manufacturing. Inside the country it’s totally transparent, the price is just baked into fuel/goods made with fuel, from that initial tax. Things that use a lot of fuel get a lot more expensive, things that already used clean energy likely stay about the same, citizens get the receipts back, split evenly, so if you consume less carbon than average, you come out ahead. Corps don’t get rebates/credits.

Make sense? Obviously a ridiculously tall order politically, maybe impossible, the rich would take the brunt, but it’ll also be harder for the middle/upper middle class to jet across the country.

I’m also pessimistic about MMT and it’s effects, but I’d view that as more of a political necessity to keep the music going for debtor nations than something most economists thought was actually ideal. No one has the stomach for austerity, and it frankly would probably be catastrophic anyway, we just have to try to inflate our debt away without hitting hyperinflation.

>Obviously a ridiculously tall order politically, maybe impossible

Maybe..?

We have to transition away from growth economy and inflation, neither is sustainable. We're hitting the end of the line in under 100 years.

If debt is fake and we're just using time to diminish it, then let's just do that and stop robbing people of their wealth. Likely impossible for politicians and economists to allow this either

> Carbon tax is a political tool and doesn't achieve anything in reality other than penalizing the first world while the rest get a pass, including China

Half of china;s pollution comes from producing shit that we consume. We outsourced out pollution, and then have the gull to complain about it.

You know where 99% of all electric busses are? In China. You know which country has more electrified rail than the rest of the world combined? China. You know which country has the highest percentage of it's population take high sspeed train isntead of flying? China.

You're taking this in the entirely wrong direction.

China has deplorable pollution, this is a fact. Busses and rail aside.

The first world pays them to make cheap goods without regulation so that we can wash our hands and keep clean.

Changes nothing about carbon tax

You are taking this in the. entirely wrong direction.

China pollutes 3x less per person than US does, even taking into account the fact that they prodice our good. Their government actually takes climate change seriously and they invest more in clean technologies than we do.

Other have commented that you are wrong about how carbon tax works as well

This 'china the boogieman' and 'we will keep polluting untill china closes the last coal power plant' is the political fongerpointing of the lowerst sort.

Industrially? China pollutes less than the US per capita?

Well, the US doesn't have 900 million peasants to dilute our numbers. Moreover, at 3:1, China is still a greater gross polluter, if you take the reporting from China at face value. From other data collected in China where there is 1. Profit 2. Political repercussion - the outputs always seem to match up with the government prescribed allowable limits....

Those arguments are assuming the carbon tax will work as it is on paper. I am assured by ever other treaty that China and other 3rd world countries will be granted exemption.

China is not even the point. It's the whole "Third World" status protectionism racket.

The entire program will not work unless the entire world plays by the same rules and adheres to the same standards. This will not happen

There have been 26 Climate conferences, and USA has broken it's promices every single time. You quit the paris accord, while China is on track to meet its climate change goals nine years early.

Get your head out of your rear, and stop complaining about farmers in 3rd world countries who 'will be granted exemption' so they can go from having 1 farting cow to 2 farting cows and actually afford a meal every day - they still produce less pollution in their lifetime than you do in a year.

I am sorry for being rude, but you are a total hypocrite, and untill you sort out your shit, no other country is interested in what you have to say.

Our 'shit' includes maintaining order in international commerce. No on else is doing that other than our little helpers in the UN and we fund most of their part.

I'm not complaining about farmers. You have based your entire position on assumptions that not everyone in the world agrees with.

Had you thought about that? Have you thought that there are significant reasons why some countries would gladly accept 'climate change'??

Your premise is that everyone is going to do this reduction in output and gladly yoke themselves with an individual accounting for their global expenditure. How utterly foolish.

The climate accords you so poignantly mentioned are attended by private jet riding elites that have NO intention of reducing their quality of life.

When you choose to step into the light of reality, I'll gladly meet you