I'll tell you where this whole argument is flawed. There are 3 things that are the driving force working against our environment and our climate. First is man himself , second is Capitalism, third is Globalisation.<quoted text>but there's money in taxing co2!!! they want us to believe fossil fuels are the evil doers to climate. funny that the religious zealots don't complain about agricultural irrigation.
very telling isn't it!!
On the first point, man who does not give a stuff about their waste, what they consume or what it takes to meet his needs. Secondly Capitalism driven by man's desire to accumulate more takes no prisoners either. Thirdly globalisation driven by the second has made man grossly inefficient in meeting those needs. It starts with local factories closing to food producing farms all in the name of lower costs but totally ignores the energy used to get the imported product to the door. From clothing to apples. The energy consumed to grow an apple in China to be consumed in the US is about a 100 times that of one grown locally & transported to store. Pricing carbon is one way to address this major short sighted issue that goes with globalisation. If the focus shifted from energy consumed and the pollution it creates rather than the cost of the end product then that would be a quantum shift in thinking.
If that apple grown in China had to factor in it's environmental damage then it's cost might rise by 10c - 15cents. Therefore making a locally grown product competitive on price for consumers to totally ignore the imported one. That's one example of what pricing carbon worldwide can do for you!