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Comment by Kelteseth | Hacker News Reader

This is super important. We're always running in circles here in Germany because the dialog always ends up at: Why should we invest so much in green energy, if China outputs x times more than us. Now countries and companies have even more pressure to cut their emissions. Good job EU!

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Lots of China's emissions come from manufacturing products which are sent to countries such as Germany

This is the reason why carbon tax will be at EU borders: if something is producing emissions and is sent to Germany or EU is will be taxed higher than products not producing emissions...

Meaning that it will make life even more expensive for us. Not sure if that's a good thing. Between inflation and rising interest rates we're already in a very bad spot.

I'm already feeling squeezed. I can't imagine how people are that don't have a good job. No wonder populist parties are doing so well.

Only short term, as increased prices give incentives to produce things without carbon emissions.

Besides, these prices have always been there as external costs. You just never paid them. This needs to stop anyway.

Yes but if only we pay them and the rest of the world doesn't, we're just hurting ourselves.

And I don't believe in the market ever solving these problems even with the right incentives.

Why should developing countries share the externalities for products that you consume and use?

Maybe the market won't be able to solve these problems even with appropriate measures like those suggested here. Your argument seems to be, "it won't work so we shouldn't try because it will be worse for us" which doesn't seem convincing to me.

The money we pay doesn't magically disappear, it goes to the state as revenue. We could use said revenue to do like a UBI or something to counteract the negative effects.

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