[jasonlaramburu]

>a carbon tax high enough to make your flight cast 8% more, would totally destroy the fossil fuel industry, as everyone would suddenly have a financial incentive to burn less of it.

This is not necessarily true. Oil has a traditionally low elasticity of demand, meaning that demand for it does not change significantly even when its price changes. This is particularly true in the US, where there are few public transportation options in most cities.

[Dylan16807]

In the short term, yes. Long term there are so many things we can switch to electricity or to alternate sources.