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by abdullahkhalids
896 days ago
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Depends on your political values. Many people think it is mandatory for governments to directly tax products with large negative externalities enough to price in those externalities. If a fossil fuel extraction system poisons a river, that needs to be priced in. If the government fails to tax what is mandatorily society's due, then it is a subsidy. Because we have to pay for the poisoned river in other ways. > fossil fuels are under-subsidized by trillions of dollars because they are used to power hospitals Nope. Governments/patients pay hospitals for their services, then hospitals pay power companies the market price for their services. |
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