Wednesday, July 17, 2019

Carbon Tax

Carbon Tax is a good idea, however it cannot be made high enough fast enough to achieve the desired results.

As part of a multi-part strategy, it could play a part, especially in increasing over time.

It should be fully refunded to people, so almost all people have a net gain.

Study should investigate special problem areas, such as home heating oil costs, people with long commutes.

It should increase over time, as renewable energy and transportation systems come on line.

Public funding for alternative energy research and systems should be paid by taxes on wealth, including estate tax beefed up with extra higher rates 100M-100B, and corporate tax offset for US employment, but not executive bonuses, and income schedules above $100M.

We must achieve 50% renewable by 2030, 100% renewable by 2040.

Social security extended, with progressive benefits, to no earnings cap at all.

Jet fuel should go full ag renewable, using alcohol process.  Ag fuel should be for little else, ground transportation should be electric whenever possible, bio when electric is unfeasible.

The ultimate carbon tax should be sufficiently high that leaving fossil carbon in the ground makes sense for all energy use, fossil production only for chemical feedstocks when alternatives unavoidable.

Carbon storage is not likely reliable, effective, or inexpensive enough to be useful.  Nuclear fission processes are not safe enough for utilities, and even fusion should be avoided.  With minor tweaks to actual energy use, and massive energy storage, fully renewable energy is achievable and has sufficient advantages to recommend it over all other approaches.  Renewable energy includes, solar, wind, tidal, geothermal with some limits, very limited ag, and all forms of conservation.  However human populations must also be held to decrease as well, for global heating other sustainability reasons.  Meat production greatly reduced as well.

The true cost of carbon dixoide release is infinite.  In sufficient measure, it would destroy the capacity to support human life on our only planet.  Any CO2 tax is an underestimate of that ultimate cost, which me will barely miss if at all.







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