That seems like a no-brainer, to build the externalities into the cost of goods.
That seems like a no-brainer, to build the externalities into the cost of goods.
The real estate business is so profitable in the West that I doubt that even adding an extra zero to the price of concrete will make them to even scratch in the end.
It gives cement companies an incentive to invest in greener tech because what would previously have been a pure cost now allow them to pay less taxes which means they can sell cheaper. That makes R&D into lowering emissions a competitive advantage.
Carbon taxes need to drive a shift in planning - on the planning time horizon - for everything that emits carbon
Poor people tend to emit quite a bit less than rich people; they buy less, ride the bus more, live in apartments or smaller houses, etc.
Maybe some “carbon allowance” would then be afforded so the lower income people that qualify could claim a deduction on their personal income tax return.
https://www.pewresearch.org/science/2020/06/23/two-thirds-of...
The real issue is that the remaining 27% have a death grip on the levers of power by exploiting undemocratic aspects of the US electoral system.