Hence why taxes on fossil fuels should be so high that a plastic bottle costs $10 and plastic toys cost $100, so the alternatives are worth it and the plastic is not made in the first place.
Hence why taxes on fossil fuels should be so high that a plastic bottle costs $10 and plastic toys cost $100, so the alternatives are worth it and the plastic is not made in the first place.
The point is the amount of fossil fuel consumption is causing environmental problems, just not in current society’s decision makers’ lifetimes. The only solution is to bring down the amount of fossil fuels consumed.
What would the solution here be? Raise prices on everything containing plastic, but then give the bottom x% of the population money to offset the increased cost? That is a net effect of zero, with lots of inefficiency in the middle.
Increasing prices only works as a way of changing behavior if people feel the effects of the increased prices. You cannot handwave away "poor people will get a separate solution" when your entire proposal is to make people lose money.
Another problem is the income/wealth/opportunity gap between people around the world. This might be solved by transferring income/wealth/opportunity from those that have it to those that don’t. It does not need to be linked directly to taxes on fossil fuels, like most other government expenditures are not linked to specific taxes.
This is not a net zero effect with lots of inefficiency. It’s actually the most efficient way I can think of, certainly more than hoping people sort and clean their recycling properly, ignoring the fact that recycling doesn’t even really work.
The whole point is to make people feel the effects of increased prices. It will mean fewer plastic toys, and toys in general since they won’t be so cheap, less flying, smaller homes and lots since transportation for longer distances is more expensive.
But that is the goal, to reduce the use of fossil fuels. Which all of our modern quality of life revolves around. And why, politically, there will not be a real solution to damage caused by fossil fuels in any relevant timeframe.
Our economy and expectations of life are based on consuming as much as we can, and so we shall. The optimal move for each individual is to enjoy life as much as they can, regardless of the effects of their consumption.
Whether or not it’s a good thing (for descendants) depends on how true predictions like these are: