First taxing carbon with a blockade, now taxing animal meat with screwworm. I wonder what bad thing he'll accidentally destroy next, maybe the military industrial complex?
Great points. Military industrial complex, he's shown how the US military doctrine we're extremely heavily invested in doesn't work too well in this new world of cheap drones, so maybe. Maybe Raytheon et al will lose their expensive military contracts and we'll build out much cheaper weapons. Maybe the guy is actually just brilliant at making unpalatable things happen.
Well most of the increase in prices goes into petroleum companies' profits (at least the ones that can export). So it's technically not lost and will be invested somehow.
Like a Carbon tax, the money doesn't disappear. But to whom it gets distributed, that's another story...