Governments love taxing stuff, and carbon taxes give them an excuse to raise tax... | Hacker News

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larnmar on Dec 15, 2019 | parent | context | favorite | on: Climate talks break up with no agreement on carbon...

Governments love taxing stuff, and carbon taxes give them an excuse to raise taxes for something that seems like a “good reason”.

But of course they wouldn’t put one in without excluding everyone powerful enough to make a fuss about it.

skitout on Dec 15, 2019 [–]

There are heavy subsidies to fossil fuel (4.7 trillons a year globally says the IMF)... Mostly negative externalities. Carbon tax can be seen as a tax... or as the end of a subsidy, allowing to get the most efficient solutions for the people

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