Live data from Hacker News

Elon Musk makes a libertarian argument for carbon tax

rgj.com

41–50 of 112 posts

Re: Elon Musk makes a libertarian argument for carbon tax

#41

It's fairly easy to spot ideologically consistent libertarians if you ask them about climate change, carbon tax etc. Unfortunately, it turns out that they don't really exist in any great numbers.

One can only hope that the only ideology someone calling themselves a libertarian has is a bias in favor of freedom.

Re: Elon Musk makes a libertarian argument for carbon tax

#42
post #31

Earlier quoted context omitted.

You're missing the point. If we magically enacted perfectly libertarian business policies overnight, business would immediately get to work creating new regulations because they're still self-interested like they were before. This is what they do now, this is what they would do then, and this is also why anarcho capitalism is a contradiction.

Anarcho capitalism, which is not necessarily the view of every libertarian (some being "minarchists"), would be the absence of any government authority. Without a government the regulation you speak of is non-existent. There is no contradiction.

...until the interested business parties band together to form a government of sorts for their own benefit.

Re: Elon Musk makes a libertarian argument for carbon tax

#43

If he/we really cared about CO2 production and Global warming externalities, we'd put a massive tax on service/product from China or India, whose CO2 production continues to grow: http://blogs.nelson.wisc.edu/es112-304-4/wp-content/uploads/...

And on services/products from the USA, right? Per capita we're using more energy and producing more CO2 than China and India and almost everywhere else. (Australia looks about the same. The UAE appears to be at the top.)

Also, per the chart you've linked, India's CO2 production looks quite low. Not sure why you're lumping them in with China.

Re: Elon Musk makes a libertarian argument for carbon tax

#44

Earlier quoted context omitted.

wouldnt the libertarian reaction to emissions be to sue the emitter for the lowered quality of air?

I'm not at all familiar with the law in this area, but what stands in the way of doing that right now?

Frictional costs of reclaiming those costs: lawsuits are expensive, and when a large number of people are impacted a small to moderate amount, it's very difficult for diffused harm (those breathing polluted air) to reclaim damages against concentrated gain (polluting industry).

This would be the argument for creating more of a structured market approach to assigning the costs of these externalities: courts are inefficient and plagued with problems when there's a power difference between the parties, so creating a market structure allows those externalities to be compensated in a more efficient way, while still allowing market pricing to incentivize industry to resolve the externality in the most efficient way available.

The libertarian's argument against this (I imagine) is that any government market scheme will screw it up more, though I don't know why so much faith is placed in the court system as a magically efficient system that resolves property disputes fairly and cost effectively in cases like diffused externalities.

Re: Elon Musk makes a libertarian argument for carbon tax

#45
post #26

Earlier quoted context omitted.

In this case it is not about indirect subsidies to his company, but about removing indirect subsidies from the combustion engine industry. Their "freely available externalities" are polluting the place.

Uh huh. Funny how a billionaire has so easily convinced you that adding costs to his competitors (and consumers) is really "removing a subsidy".

Do you believe in global warming/climate change?

Re: Elon Musk makes a libertarian argument for carbon tax

#46
I agree with his points. If I had to prescribe to a political ideology, libertarianism would probably be the closest to how I reason things out. I've always thought, though, that it can only really apply to conscious human adults capable of weighing the pros and cons of their actions and relationships. When consequences or side-effects of their actions are pushed onto external parties incapable of disagreement (eg. the environment, children, animals) it gets murkier as actions become unilaterally beneficial to the party making each proposal. Here I think there is room for public consensus to come in and speak for the parties incapable of doing so.

I think most political arguments happen over how you decide who or what fits into this group of parties incapable of speaking for themselves. Some say 3-year olds should represent themselves in immigration court while others say even adult consumers aren't capable of adequately representing themselves and need protections. I don't believe it's inconsistent libertarianism to say that some groups with no independent legal voice should get public protection. Libertarians draw that line in different places, however.

Re: Elon Musk makes a libertarian argument for carbon tax

#47

Earlier quoted context omitted.

Agreed. It's an argument for indirect subsidies to his company on top of the direct subsidies he already receives. Elon Musk is hardly a libertarian. He's just another crony capitalist.

Obviously you can question his motives, however this is not an indirect subsidy if you consider the emission of carbon dioxide an externality - which I presume he does. Instead it would represent the levelling of the playing field. Oil companies do get direct subsidies through tax breaks, so no mater what you think is going on here, energy is not pure market. In practise, how often do you see a pure market anyway?

To be fair, in the US almost zero companies pay the corporate tax rate of 35%, the highest in the industrialized world. Thus anyone can point at any industry and point a finger at it in disgust at its "tax breaks".

Re: Elon Musk makes a libertarian argument for carbon tax

#48

More like Elon Musk points out by example why libertarianism is an oxymoron. As soon as all restrictions are lifted on businesses and a totally "free" market is created, business interests move to enact new regulations that entrench their positions.

It's hardly an oxymoron. It just competes with established ideology. Ideally, there is no Conservative ideology either ( it advertises itself as pragmatic and empirical ) but this arguably requires too much work in political spheres to hold up.

"Free" markets vary by degree - nobody says there must be no rules, no rule of law. Taking it back to Adam Smith, he's simply arguing against Mercantilism. So any rules that entrench an incumbent could ( possibly ) be considered a degree of Mercantilism. But the context matters because of specialization and inertia/momentum.

Re: Elon Musk makes a libertarian argument for carbon tax

#49
post #31

Earlier quoted context omitted.

You're missing the point. If we magically enacted perfectly libertarian business policies overnight, business would immediately get to work creating new regulations because they're still self-interested like they were before. This is what they do now, this is what they would do then, and this is also why anarcho capitalism is a contradiction.

Anarcho capitalism, which is not necessarily the view of every libertarian (some being "minarchists"), would be the absence of any government authority. Without a government the regulation you speak of is non-existent. There is no contradiction.

David Friedman style Anarcho-Cap has never denied the necessity of a government; it's more interested in constructing analyses of various costs associated with policies.

More foam-at-the-mouth anarchists tend to be empty vessels - louder, so they attract the disenchanted.

Re: Elon Musk makes a libertarian argument for carbon tax

#50

Random thought: Why are we communicating almost only on the release of CO2 and not of the burning of O2? It's easier to communicate that's O2 being reduced is problematic for human beings as our bodies perform worst even with slight reductions in O2 levels. O2 levels have a more direct impact on humans. Plus, O2 concentration levels are actually being reduced faster than CO2 levels are rising. CO2 is not a toxic gas…

> Random thought: Why are we communicating almost only on the release of CO2 and not of the burning of O2?

Because global warming will probably kill us before oxygen deprivation or the health impact of reduced oxygen.

Also, this is perhaps nitpicky, but O2 does not burn.

Post reply on HN