• RustyEarthfire@lemmy.world
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    3 months ago

    If you think businesses can just absorb a tax without changes, then great: set the price of carbon emissions at the cost to remove it from the atmosphere and problem solved.

    More realistically, theory and practice both predict that businesses will look for cheaper (i.e. less polluting) approaches and consumers will choose cheaper (i.e. less polluting) products. And both will do so in ways that have the highest impact for the lowest effort.

    Maybe you can clarify what you mean by taking money out of the equation, because it’s not clear to me what steps that involves or what the expected outcome looks like.