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A Carbon tax will never price externalities fairly, because we don’t have a world government, and therefore any country can simply opt out of the climate tax or lie about complying with it.


That is what international treaties and sanctions are for, the same way lifetime +70 year copyright terms have been forced down everyone throats.


Unfortunately it’s an incentive alignment issue. Since “humanity” has no advocacy but big oil does, big oil will likely win that fight.

But I’m all for giving it a damn good try.


Unfortunately, i believe it is as you say.




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