> The scariest part is that this is apparently insanely profitable for them. NY is pretty progressive and it would not surprise me if they crack down on this kind of thing, but other states or countries seem unlikely to do that.
And this is why you need a carbon tax.
These clowns are basically making money by turning negative externalities into bitcoin. And the best way to deal with a negative externality is to tax the heck out of those folks and thereby either a) make the activity unprofitable, or b) use the resulting revenues to plow into mitigation efforts to offset the effects of the externality.
And this is why you need a carbon tax.
These clowns are basically making money by turning negative externalities into bitcoin. And the best way to deal with a negative externality is to tax the heck out of those folks and thereby either a) make the activity unprofitable, or b) use the resulting revenues to plow into mitigation efforts to offset the effects of the externality.