| It only has to do it cheaply now because there is NO COST to putting CO2 into the air. Why are people surprised that if something is free (pumping CO2 into air) demand for it is high? You are telling me that doing a charge of let's say $10 - $100/ton of CO2 wouldn't have a DRAMATIC impact on emissions? Is $10 - $100/ton too little for a supposed climate emergency? There is so much funding and lawmaking and finger pointing and shaming - but still - dumping CO2 into the atmosphere if free and dumping remains high and people pretend to be surprised. On energy: CA curtails (turns off) solar (and wind) power because there is not enough demand. In 2019 CA had 921,000 MWhs of curtailment. Let's start by charging something for CO2 emissions. |
The tax that applies to every single business, every single product, every single process, everything. The one that causes every single vested interest to come out of the woodwork and join together to make it politically toxic.
We tried this in Australia. It has killed every government that even dared to discuss it. And politically it is utterly impossible to defend e.g. "Carbon tax that raises power prices for pensioners".