Submitted by MotorDrive t3_115lnqg in technology
Odd_Ingenuity8163 t1_j93xtnm wrote
I love this but I find it funny that it says companies won’t pay that tax. Okay then don’t operate 🤷♀️ why are we giving them an option. I don’t get an option on my income, property, retail tax.
tinypolski t1_j951vx5 wrote
It really isn't funny. Almost no corporate sector actually incurs the expense of managing the damage that their "business" creates, environmental or otherwise. So some of the most damaging activities remain cheap because the true cost of them is transferred and/or deferred.
Odd_Ingenuity8163 t1_j96iizk wrote
Sorry funny was the wrong word. But I’m just desensitized to all this shit. If I can’t laugh about it I’ll cry 24/7
tinypolski t1_j994cq3 wrote
Sometimes I feel the same way, but unless we push back as hard as we can the situation won't be changing any time soon, unfortunately.
diamond t1_j97lasl wrote
It actually says countries won't charge that much tax - which may ultimately come down to the same thing, given problems with Regulatory Capture.
But regardless, there's the way we would like things to be, and the way things are. The way things are right now, it will be extraordinarily difficult to get a regulatory environment in place where the worst carbon emitters will pay what is necessary for DAC systems to work. Which sucks.
But if technologies like this can sidestep the problem entirely by simply making carbon capture more affordable, then that's an absolute win.
Viewing a single comment thread. View all comments