the carbon tax for one kg should be set at 110% the cost to remove one kg, 100% to completely remove it, and 10% to help remove past emissions, which statistically the emitter probably emitted pre-tax anyways
The problem is that for fossil fuels, there is no good way to “completely remove” them. Most of the “carbon neutral” ads are plain greenwashing. But taxing it would be a good step nonetheless.
From what we know about physics and chemistry so far, it looks like there is no magical way to reverse this, that wouldn’t require a huge amount of energy, resources and effort. Also, it’s a bit to late to put money into research now. We know what to to do and how to “fix” things but we don’t like the consequences so we (mostly) keep going as if nothing is wrong.
Carbon capturing is certainly possible. It isn’t worth it economically yet. Further research should make it cheaper. Meanwhile we will (hopefully) increase the CO2 tax. At some point it becomes economically worthwhile and companies will emerge to earn that money.
I didn’t say it’s not possible. I said it’s not possible to undo what we’ve done and what we’re still doing. It won’t be fixed by removing the excessive CO2 from the atmosphere. Besides, I also think that it’s not feasible at the required scale.
I don’t know the details but how you describe it, it sounds like it doesn’t reduce the emissions but shift them from one piece of paper to another one. Isn’t that still exactly greenwashing? I pay someone to make a 3rd party reduce their emissions so that I can fill that gap again.
You do not have linear costs of removal. Just letting nature be has no additional costs, but in the amount necessary extreme opportunity costs.
Technical systems might have a theoretical cost, but practically any energy put into removing CO2 from the atmosphere is much better put into not using fossil fuels to produce energy for a different purpose.
Meanwhile the cost estimates for the damages incurred are in regions of 200-500 €/tonne now. So unless we also properly tax imports and other countries also do carbon taxing, it will be the death to any industry.
An increasing carbon tax is an important instrument, but it can only be part of many measures, most importantly ramping up the renewable production by all means.
the carbon tax for one kg should be set at 110% the cost to remove one kg, 100% to completely remove it, and 10% to help remove past emissions, which statistically the emitter probably emitted pre-tax anyways
The problem is that for fossil fuels, there is no good way to “completely remove” them. Most of the “carbon neutral” ads are plain greenwashing. But taxing it would be a good step nonetheless.
Put these taxes into research?
From what we know about physics and chemistry so far, it looks like there is no magical way to reverse this, that wouldn’t require a huge amount of energy, resources and effort. Also, it’s a bit to late to put money into research now. We know what to to do and how to “fix” things but we don’t like the consequences so we (mostly) keep going as if nothing is wrong.
Carbon capturing is certainly possible. It isn’t worth it economically yet. Further research should make it cheaper. Meanwhile we will (hopefully) increase the CO2 tax. At some point it becomes economically worthwhile and companies will emerge to earn that money.
I didn’t say it’s not possible. I said it’s not possible to undo what we’ve done and what we’re still doing. It won’t be fixed by removing the excessive CO2 from the atmosphere. Besides, I also think that it’s not feasible at the required scale.
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I don’t know the details but how you describe it, it sounds like it doesn’t reduce the emissions but shift them from one piece of paper to another one. Isn’t that still exactly greenwashing? I pay someone to make a 3rd party reduce their emissions so that I can fill that gap again.
deleted by creator
You do not have linear costs of removal. Just letting nature be has no additional costs, but in the amount necessary extreme opportunity costs.
Technical systems might have a theoretical cost, but practically any energy put into removing CO2 from the atmosphere is much better put into not using fossil fuels to produce energy for a different purpose.
Meanwhile the cost estimates for the damages incurred are in regions of 200-500 €/tonne now. So unless we also properly tax imports and other countries also do carbon taxing, it will be the death to any industry.
An increasing carbon tax is an important instrument, but it can only be part of many measures, most importantly ramping up the renewable production by all means.
France is trying to set up something like that for electric vehicle.
They want to stop subsidizing electric car from China, but with European regulation they can’t add a tariff according to the country.
So instead they the government will subsidize only electric vehicle that emitted less than X kg of CO2 for its production.