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> If the goal is to offset climate change, there are cheaper, higher-value targets. Two good places to start: Tax the electricity usage of data centers and artificial intelligence. No, the best goal for this is to tax carbon. Obviously a crypto tax is as much about politics as it is about climate change. Most people loathe crypto after the last 2 bubbles and your average news-savvy person can roughly describe why bit…
> If the goal is to offset climate change, there are cheaper, higher-value targets. Two good places to start: Tax the electricity usage of data centers and artificial intelligence. No, the best goal for this is to tax carbon. Obviously a crypto tax is as much about politics as it is about climate change. Most people loathe crypto after the last 2 bubbles and your average news-savvy person can roughly describe why bit…
We all know that's unlikely to happen in reality, the people would be up in arms. What would actually happen if "carbon" were taxed would be a slight of hand, a redistribution from some pockets into others. I've been part of early carbon offset experiments many years ago and seen enough carbon scams in my time.
> If the goal is to offset climate change, there are cheaper, higher-value targets. Two good places to start: Tax the electricity usage of data centers and artificial intelligence. No, the best goal for this is to tax carbon. Obviously a crypto tax is as much about politics as it is about climate change. Most people loathe crypto after the last 2 bubbles and your average news-savvy person can roughly describe why bit…
It's a great buzzword, but what does that actually mean? Carbon is an element that's all around us, we're made of carbon too. So what exactly are you going to tax and for what purpose? Try to use as precise language as possible. Basically you could just tax all consumption (including especially imports from places like China) and be done with it if the goal is to reduce emissions. We all know that's unlikely to happe…
To be specific, taxing [use of and/or extraction of] fossil fuels. The reasoning is that extracting and using fossil fuels adds carbon to our environment that was previously sequestered within the earth. The goal is to economically encourage the development, production, and use of non-carbon-extraction-reliant technologies that compete with carbon-extraction-reliant technologies.
Yes, it is hard to implement and would be wildly unpopular hence why it won’t happen
> What would actually happen
There’s no point discussing hypothetical issues with hypothetical legislation. What kind of loopholes or corruption can exist is entirely dependent on the legislation itself.
> If the goal is to offset climate change, there are cheaper, higher-value targets. Two good places to start: Tax the electricity usage of data centers and artificial intelligence. No, the best goal for this is to tax carbon. Obviously a crypto tax is as much about politics as it is about climate change. Most people loathe crypto after the last 2 bubbles and your average news-savvy person can roughly describe why bit…
It's a great buzzword, but what does that actually mean? Carbon is an element that's all around us, we're made of carbon too. So what exactly are you going to tax and for what purpose? Try to use as precise language as possible. Basically you could just tax all consumption (including especially imports from places like China) and be done with it if the goal is to reduce emissions. We all know that's unlikely to happe…
A carbon tax essentially charges a fee on greenhouse gas emissions, aiming to account for their environmental impact—an externality not usually priced into the cost of fossil fuels.
The concept of a carbon tax has been considered for well over a decade.[0] While it might be a suitcase term on its own – different people interpret the phrase differently – the overall concept has been studied, has a lot support and popularity from economists.[1][0]
Several strategies exist to implement a carbon tax, but a widely favored method is a market-based, "revenue-neutral" approach. Here, the funds raised from the tax are redistributed (through various means, not necessarily something like UBI) to offset any financial burden on consumers or businesses.[2]
As far as my understanding goes, a carbon tax is simpler to put into practice—and explain—compared to other alternatives like specific environmental regulations or cap-and-trade carbon pricing schemes.[3]
[0] https://www.kentclarkcenter.org/surveys/carbon-taxes-ii/ [1] https://www.econstatement.org/ [2] https://www.americanactionforum.org/research/comparing-effec... [3] https://www.mdpi.com/2071-1050/12/20/8680/pdf
Earlier quoted context omitted.
It's a great buzzword, but what does that actually mean? Carbon is an element that's all around us, we're made of carbon too. So what exactly are you going to tax and for what purpose? Try to use as precise language as possible. Basically you could just tax all consumption (including especially imports from places like China) and be done with it if the goal is to reduce emissions. We all know that's unlikely to happe…
> Carbon is an element that's all around us, we're made of carbon too. So what exactly are you going to tax and for what purpose? To be specific, taxing [use of and/or extraction of] fossil fuels. The reasoning is that extracting and using fossil fuels adds carbon to our environment that was previously sequestered within the earth. The goal is to economically encourage the development, production, and use of non-carb…
Earlier quoted context omitted.
> Carbon is an element that's all around us, we're made of carbon too. So what exactly are you going to tax and for what purpose? To be specific, taxing [use of and/or extraction of] fossil fuels. The reasoning is that extracting and using fossil fuels adds carbon to our environment that was previously sequestered within the earth. The goal is to economically encourage the development, production, and use of non-carb…
So does clearing land. So does producing cement. There is a reason I asked to be specific. Are you proposing to put a tax on basically all consumption and construction, thus causing massive inflation?
> To be specific, taxing [use of and/or extraction of] fossil fuels.
But I agree, cryptocurrency fans shouldn't be taxed.
They should be arrested. Their counterfeiting equipment should be ground to dust and they should be locked up.
Earlier quoted context omitted.
So does clearing land. So does producing cement. There is a reason I asked to be specific. Are you proposing to put a tax on basically all consumption and construction, thus causing massive inflation?
Stop trying to pick a fight. I gave reasonably specific information of what I mean by carbon tax in my previous post: > To be specific, taxing [use of and/or extraction of] fossil fuels.
AI is actually useful unlike fake money cryptocurrency bs. But I agree, cryptocurrency fans shouldn't be taxed. They should be arrested. Their counterfeiting equipment should be ground to dust and they should be locked up.