Problem Number 2: Who Keeps Count?
As the elite like to say, a global problem needs a global solution. So, who keeps count of all the carbon emissions? Do national governments? Would you trust communist China to report their carbon quotas honestly? Do you want a gigantic United Nations bureaucracy of inspectors scouring the globe checking every tailpipe and smokestack?
Problem Number 3: Shifting Taxes
I think it is evident to everyone that some groups are more equal than others in the eyes of government. So the burden of this new carbon tax could - and would - be shifted away from a big polluting industry by simply offsetting the new carbon tax. That is, a $100 million carbon tax shortly followed by $100 million in corporate handouts and other tax cuts. The result being the burden of the carbon tax is now on the average driver and home owner instead of the biggest polluters. Later, when the carbon tax is not reducing the country's carbon footprint the way it was originally expected, the environmental lobby begs for an ever higher carbon tax.
Read the full article
here.
Note: Knowledge Driven Revolu...
here