some republicans push carbon tax

[John Galt]

[IndependentProfessor]

Honest question - will it raise gas prices, though?

The story says passing this would get rid of much current regulation. I'm assuming that the current regulations burden companies somehow, and that these burdens cost money. So, would it be replacing some costs with another cost, but not necessarily more cost?

[Supposn]

from: ttps://citizensclimatelobby.org/carbon- ... -dividend/
Carbon Fee and Dividend legislation puts a fee on the amount of carbon dioxide in fossil fuels. This fee is assessed at the source of the fuel: at the mine, well, or port of entry.
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How feasible or difficult, (i.e. how expensive) would it be monitor the volume of fluid and/or gas pumped from the earth? I suppose the quality of the yield per gallon of liquid or per some standard unit of gas varies to some extent? I suppose it’s of some difficulty to conceal the locations of such wells from the government?

I’m suggesting an alternative of VATs applied to natural carbon materials and products with such materials sufficiently integral to them.
Two separate taxes similar to value-added taxes, (VATs) but based upon the wells quantity and quality yield. Those VATs would be passed on to the raw liquid’s first purchaser or processors and thereafter passed on as a single consolidated VAT upon the sales volumes goods that significantly reflect the carbon materials integral to them. Wouldn’t that be more feasible?

I suppose it’s near impossible to monitor carbon material extracted by mining. The yield of carbon fuel minerals and their quality proportional to gross extraction of earth and stone greatly varies between individual mines. How difficult would it be to conceal smaller mines from the government? I don’t suppose the government could effectively tax coal in any manner superior to a VAT upon coal.

Respectfully, Supposn

[Supposn]

Regarding my previous suggested VATs upon goods with significant carbon fuel materials integral to them: it’s tax burden upon lower income families could be reduced by using the VAT's revenue to reduce FICA rates levied upon both employees and employers.

Respectfully, Supposn

[a777pilot]

They are only for a carbon tax because they are tied to the old way of doing things.

The way to reduce carbon emissions is to stop using carbon based energy. We need to invest in and support the massive use of thorium nuclear reactors. They are available, inexpensive to build, very safe, scalable. We should have thousands of them, from sea to shining sea.

[Gus]

There are obviously negative externalities associated with burning carbon. We should be conducting empirical studies to estimate these externalities--was something like this done to propose this tax amount?

[spacemonkey]

If everything went solar, there would be a sun tax, wind power, wind tax. No matter what, there is a possible tax for it. How about a robot tax on automated factories?

[Spider]

[spacemonkey]

[Spider]