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by whywhywhywhy 1895 days ago
> I think we need a carbon tax

I get the concerns for the carbon issue of Bitcoin but I don't see why the solution should be governments profiting more from it.

3 comments

Carbon tax is unusual in that it has a major benefit simply by suppressing consumption.

If an alien civilization invaded earth and imposed a carbon tax, and took all of the proceeds back to their own planet, then we would still be better off.

Typically proponents of a carbon tax also support a carbon dividend.
Governments don't have to profit from it. In fact to get the desired effect (less carbon) the tax should be revenue neutral. It should be used to fund UBI or give everyone a tax credit.