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BLKNSLVRtoday at 12:44 AM1 replyview on HN

It was an enforcement of paying a (small) portion of the externalities as a result of the use of fossil fuels.

The "tax" was to be paid by the largest polluters, hence their lobbying against it. It wasn't something the citizens had to pay for unless the largest polluters decided to raise their prices as a result of this "tax".

Asking polluters to decrease their profits, as it becomes increasingly obvious that their profits are based on making life worse for the entire planet for the future, I think, is not too grand an ask. "That's how it has always been" is not a reason not to act to improve "how it could be".


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dmixtoday at 12:55 AM

Those schemes always seemed to me like a whole lot of lipstick and pretty packaging on something that could just be pitched with more honesty, and without creating a maze of extra corporate accounting costs and loopholes. Just raise a tax to pay for investment in green energy that will eventually compete on price and be self-sustaining, while also providing lots of environmental benefits and potentially increase industrial competition with China.

The only reason a politician would come up with a complex carbon scheme like that is if they knew a tax would be unpopular with the public. Which mostly translates to a lack of good communication or a disregard for the public's intelligence.

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