Re:Europe Makes Shipping Vessels Pay for Carbon Emissions
by TheLoafOfBread on Friday December 02, 2022 @02:22PM
(#33835448)
> edit: And the government can redistribute the carbon taxes to the part of the population this will hit the hardest easily by lowering VAT, income taxes at the lower end of progression or just direct subsidies.
In reality governments will create laws which will distribute those money to friendly companies. You can forget right now that it will go back to poor people.
Re:Europe Makes Shipping Vessels Pay for Carbon Emissions
by bryanlarsen on Saturday December 03, 2022 @10:32AM
(#33844189)
One of the few countries with an actual carbon tax, Canada, rebates 90% of the tax to individuals and the other 10% to schools and hospitals.
So if a competitor figures out how to do the shipping cheaper due to it outputting less co2 (like trains running on electricity or just less polluting ships) those should over time win on the marketplace and shift the shipping industry to less pollution options.
edit: And the government can redistribute the carbon taxes to the part of the population this will hit the hardest easily by lowering VAT, income taxes at the lower end of progression or just direct subsidies.