No, it’s not. Any economist will tell you that the best way of making companies care about the environment is to make them have to pay for every bit of pollution they generate. It’s called taxing an externality, and it’s basically the best solution we have to the tragedy of the commons.
I think there’s better options. Like creating strict laws to control pollution and revoking companies their right to run their business if they don’t comply and have the people in charge face potential jail time if it has adverse health on local residents or destroys the local ecology.
Yeah but none of that is realistically possible. The cost of enforcing those rules and ensuring that companies aren’t finding loopholes to skirt the law is untenable. A carbon tax is simple, easy to track, and if companies try to get around it, then it’s tax evasion (and not the kind that can be mitigated by moving to Panama or Ireland), which the government usually takes pretty seriously.
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It’s not good enough. It’s basically allowing companies to share their pollution output.
This is a bit subjective, but not unfair.
Hmm, well, small steps forward is still forward movement.
We’re among the top world carbon emitters and the Alberta oil plays a big part of it.
We really need to curb oil producing in Canada and turn to green energies ASAP.
Fuck Alberta’s feeling. This needs to happen NOW.
No, it’s not. Any economist will tell you that the best way of making companies care about the environment is to make them have to pay for every bit of pollution they generate. It’s called taxing an externality, and it’s basically the best solution we have to the tragedy of the commons.
I think there’s better options. Like creating strict laws to control pollution and revoking companies their right to run their business if they don’t comply and have the people in charge face potential jail time if it has adverse health on local residents or destroys the local ecology.
Yeah but none of that is realistically possible. The cost of enforcing those rules and ensuring that companies aren’t finding loopholes to skirt the law is untenable. A carbon tax is simple, easy to track, and if companies try to get around it, then it’s tax evasion (and not the kind that can be mitigated by moving to Panama or Ireland), which the government usually takes pretty seriously.