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this post was submitted on 25 Aug 2023
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What would that even do? Sure, you can tax the companies for their CO2 emissions, but they'd still be in profit, and monetary compensation to the state won't make the CO2 disappear. Money isn't some magical paper that will suddenly reduce carbon dioxide levels in the atmosphere if you throw it in the air, it's just a currency, banked labor hours.
It would discourage CO2 emissions immensely. The tax money could also be used to promote green technology that do not emit nearly as much CO2 and also possibly plants that pull carbon out of the atmosphere.