Let me put this right out front, right now: I haven't actually given a ton of thought about carbon taxes myself. I am still learning
about it and open to information and arguments from others about it. I am not a "climate change denier" either.
Okay, this story is blowing up right now around the internet on other places and I thought ATS might like a chance to talk about it. The story is from
a French news source. The article starts:
Former French President Nicolas Sarkozy has proposed that Europe should impose a carbon tax on American imports if Donald Trump pulls the United
States out of the Paris climate pact.
Now, he's just the former
French President, but as I understand it he is going to be running for president again in the next election. He's
still a political player in France, and his words still might carry some weight.
"Donald Trump has said – we’ll see if he keeps this promise – that he won’t respect the conclusions of the Paris climate agreement,”
Sarkozy, who is a French presidential candidate told the TF1 television channel on Sunday.
I know that one of the reasons Trump would want to pull out of this is because he might believe we'd be at a disadvantage and the other countries
would lie about their emissions. I would have thought there would be a way we could check that though? Anyway, China has been making gains in
renewable energy. From Wikipedia:
China’s renewable energy sector is growing faster than its fossil fuels and nuclear power capacity. In 2015 China became world's largest producer of
photovoltaic power, at 43 GW installed capacity. China also led the world in the production and use of wind power and smart grid technologies,
generating almost as much water, wind, and solar energy as all of France and Germany's power plants combined.
The French french article goes on to quote Sarkozy:
“Well, I will demand that Europe put in place a carbon tax at its border, a tax of 1-3 per cent, for all products coming from the United States, if
the United States doesn’t apply environmental rules that we are imposing on our companies,” he added.
Sarkozy, a frontrunner for the nomination of the centre-right Republicans party, is also in favour of forcing public authorities in Europe to use more
products or materials made in Europe.
Would a 1-3% tax hurt America? Some say yes, some say no. Some say us being more competitive by skirting the rules the others have self-imposed makes
us more competitive.
I heard a creative idea: What if we amended the deal and said that if America become solar and alternative energy dependent, America gets 4 times the
carbon "credits" if done in 20 years? That might incentivize American industries to invest domestically into new technologies and put people to work
on/in things like Tesla's "Gigafactory"? America could basically turn the entire script around and double down, daring the world to keep up?
You can read the article HERE
but there's not much more to it that I didn't quote.
I think if we start a tariff war it might snowball into all kinds of sanctions and taxes on US goods, and in return America would place import
tariffs/taxes on foreign goods. The "little guy" that has his widgets made over seas would see prices go up on his goods abroad and lower sales. I'm
afraid of a cascade effect. Instead of a depression in the USA, it might kick off a global-wide depression.
In a situation like that, only the largest multi-national corporations would be able to afford to stay in business. Companies like Walmart, Target
ect. Which is ironic because they'd be the last game in town and benefit from this.
Its ironic, because these carbon taxes seem like a free-trade globalist thing, but with sanctions/import tariffs and taxes only the big
globalist-funded corporations could afford to operate.
Dangerous game, smart negotiating or what?
edit on 15-11-2016 by Kettu because: (no reason given)