Absolutely agree, thanks for this reply. I was cognizant of the foreign policy implications (how would this possibly get implemented globally) but I hadn’t heard or considered your points 2 and 3.
Given how much lobbying I suspect there is, 3 probably isn’t all that distant of a concern. Especially in older industries, say railroads or trucking, I understand there could be a lot of contention.
And as others mention, I think there needs to be a separation of taxation by segments of polluting activities. Would burning fuel in a combustion engine count as taxable energy production? Only power plants? What about agriculture, construction, material production?
Given how much lobbying I suspect there is, 3 probably isn’t all that distant of a concern. Especially in older industries, say railroads or trucking, I understand there could be a lot of contention.
And as others mention, I think there needs to be a separation of taxation by segments of polluting activities. Would burning fuel in a combustion engine count as taxable energy production? Only power plants? What about agriculture, construction, material production?