Quote:
Originally Posted by killer_carlson
With Trudeau my fear is that there will be a wealth re-distribution in the country, but it will not be through transfer payments. It will be done through an environmental tax which focuses only on specific pollutions or industries, and ignores others. Example, carbon emissions but ignores water pollution in the great lakes.
|
That's actually something that's a much broader problem. Even a fair, global agreement on carbon could lead to substitutions into other pollutants if they are not addressed by the same agreement, but creating a global agreement that addresses those possible substitutions (and other externalities) is rather impractical.