Lots of industries are low margin (the natural state of competitive markets) and cannot simply pay the carbon tax and act like nothing happened. They can pass the price along, and that will hurt these industries according to how elastic their customers’ demand is. So at least we’d be emitting carbon for the things markets deem more useful.
It may not be a total solution, but it’s a first step. Too many climate activists have this brinksman “no but” approach to changing the course of the political ship of climate change (see nuclear power discussion above), when we really need “yes and” even if the first steps aren’t perfect or big enough. Yelling at people to make drastic changes has never convinced even honest skeptics.
It may not be a total solution, but it’s a first step. Too many climate activists have this brinksman “no but” approach to changing the course of the political ship of climate change (see nuclear power discussion above), when we really need “yes and” even if the first steps aren’t perfect or big enough. Yelling at people to make drastic changes has never convinced even honest skeptics.