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Comment by zug_zug

Exactly. I imagine as the extra added-cost of pollution gets funneled back to the producers, they will have a financial incentive to adjust their processes to pollute less. In turn consumers will be incentivized to buy products that create less pollution.

Also once companies are paying for these costs there will be lots of money to go around, suddenly the R&D budgets will be huge, which is a great thing.

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To illustrate -- if you drive 15k miles per year the cost of "recapture" for your carbon on driving is $3,600 (@25mpg). How many more people would drive Tesla if the alternative was to pay $9 per gallon of gasoline? How many more people would buy hybrids?

[Please double-check my math]

parent zug_zug 5 years ago

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