Quote:
Originally Posted by BCReefer
I was at a seminar a few weeks ago and it seems that automobiles only account for 25% of the problem. The other 75% comes from industry who manufactors all the items we buy.
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But that is where green taxes are really supposed to work - on industry. If company X can find a way to shave costs and have lower prices than company Y and thus sell more product, then company X will have a market advantage. Therefore companies that are being taxed due to their CO2 output, may actually have a market reason to clean up their act.
If you believe that both company X and company Y will both just raise their prices to cover the new tax, then you believe that capitalism is a broken system. As a card carrying member of the Green Party, I've supported CO2 taxes long before I ever heard the name Stephane Dion. I think the profit motive is far more effective in sparking creative thinking than hard caps and regulation are.