In an ideal world, yes. But in an ideal world we wouldn't have to either.
Globalism is going to happen, people will try to make money legally or illegally, this is true under communism, capitalism or anything in between. Furthermore, corruption is rife everywhere, even in Ontario Canada we see the newly...
Best answer: In an ideal world, yes. But in an ideal world we wouldn't have to either.
Globalism is going to happen, people will try to make money legally or illegally, this is true under communism, capitalism or anything in between. Furthermore, corruption is rife everywhere, even in Ontario Canada we see the newly elected right wing leader, who ran on a platform against bureaucracy and government overreach, trying to get the police to buy him a nice new camper van according to his specifications. But an 11 dollar and 23 cents (US) minimum wage is too much. And Canada is ranked as a functional democracy. (unlike the US)
That does not mean a revenue neutral carbon tax does not work. Again Canada is giving it's citizens a full share of the money collected, with the rural community getting far more than people in urban area's. Even then there is still opposition. So I cannot see people supporting handing money to countries when there is a distinct possibility that some of the money going to corrupt politicians around the world. Countries can put in their own carbon taxes if they choose to and have the countries independently audited. Countries failing to comply could be subject to duties equivalent to a carbon tax.
The fossil fuel industry is trying to delay action, they donate to politicians who are friendly to the industry, politicians who support subsidies for their industry and getting government to impose duties on competitors. Exxon does support a small carbon tax, in exchange for lenient regulation. Trump put a 55% tax on solar and is toying with the idea to use a war act to force utilities to buy their electricity at inflated prices from coal and nuclear plants.
Deniers are claiming that the French In France the government had to reverse a carbon tax( which revenues were meant to subsidize green industries like wind and solar, the shut down of 14 nuclear power plants, and eventually shut down all French coal plants by 2022) because protestors were concerned the money would be used to subsidize a tax cuts for the rich. Government reversed the carbon tax, but protests are continuing, below are some of their demands.
1. Housing for all homeless people
2. A more progressive tax system
3. Minimum wage of 1,300€/month
4. Measures to protect small businesses (stop building malls, no more “big box” stores), more parking spaces in downtowns
5. Government program for insulating homes & other buildings
6. Big businesses (McDonald’s, Google, Amazon...) should pay big taxes & small businesses pay small ones
7. Same health insurance system for all (including self-employed)
The list goes on...
So now we see Sagebrush, who hates equality and communism, supporting the yellow vests. Go figure.
So no, a global carbon tax would not work But the US imposing a revenue neutral one and imposing import duties based on carbon pollution would work.
6 days ago