We have an infinite money printing machine. We don't need access to any capital. That's not what the carbon tax is about. We need to change behavior. We need everyone that uses carbon to pay for its use (including the externalities) so that they stop using it as much as they are. This is why poor people can't be exempt. This is why the rich can't just pay for it. We all need a massive increase in the cost of everything that touches carbon (read everything) so we start driving to the next city once per year instead of every weekend, so that we start eating a BLT once a month instead of twice a week (a lot of heart issues down here in the south for a reason), and the list goes on.
A carbon tax is a non starter in democratic countries because we have seen over and over again that raising the price of motor fuel is political suicide. Canada had to back off on a program that offered a carbon tax back as a rebate. Similar outcome in France with Yellow vest protest movement. Many countries have tried to get rid of fuel subsidies only to spark middle class street protests. In the US the main election issue in 2022 will be "inflation" which for many voters is the price of gas. Carbon taxes simply do not work in the real world.
> We need to change behavior. We need everyone that uses carbon to pay for its use (including the externalities) so that they stop using it as much as they are. This is why poor people can't be exempt. This is why the rich can't just pay for it. We all need a massive increase in the cost of everything that touches carbon (read everything)
This is a pro-climate and anti-human policy. Do you care more about human beings or the amount of CO2 in the air?
There are still billions of people who have no electricity. Let's get them closer to our standard of living before we make everything more expensive for them.
Well, guess you want both eternal exponential growth for everybody, as well as a healthy planet to live on, but without any sort of compromise whatsoever.
I don't think you really understand what cost means in this case. Or a compromise.
Thinking that cost just means paying more -> bad is a very simplistic way to look at things.
Cost, especially via taxation, means setting aside a part of our productivity as a planet towards making sure we don't destroy ourselves. Everybody should contribute because everyone has skin in the game. By taxing CO2 specifically, you force people towards choosing more sustainable choices automatically.
Understand that you can't have a completely free market and an environment in which you want to live.