this post was submitted on 07 Jun 2024
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[โ€“] [email protected] 8 points 5 months ago* (last edited 5 months ago) (1 children)

I think we should pursue it for the future, but it shouldn't be taking funding that could be used for more immediate solutions or used as a distraction / delay tactic (although of course it will).

[โ€“] [email protected] 1 points 5 months ago

I disagree. I think we should:

  1. Pilot it to prove the cost
  2. Charge a carbon tax based loosely on that number and (high) estimates for the amount of carbon emitted
  3. Return the carbon tax to the public as a credit

This keeps the tax revenue neutral (i.e. theoretically no hit to GDP) while encouraging companies to find cheaper ways to reduce carbon emissions or capture carbon to offset emissions.

If it's ineffective at reducing emissions, then start spending a portion of it to remove carbon.