Opening Word document…
A Carbon tax cost political capital and external interest ensure politicians wouldn’t budge.
Meyer 21 (Robinson, was previously a technology and climate writer for The Atlantic. 07-20-2021 “Carbon Tax, Beloved Policy to Fix Climate Change, Is Dead at 47” https://www.theatlantic.com/science/archive/2021/07/obituary-carbon-tax-beloved-climate-policy-dies-47/619507/)//BH-NB//
Carbon prices save dollars, these researchers admit. But they expend an even scarcer resource: political capital. Because a carbon price affects all of society, it increases costs for every energy consumer, without providing an immediate alternative. Because most industries interact with the energy system only as consumers, that takes a cohort that wouldn’t care about climate policy in the abstract and turns it into a foe.
Sign in to recut, update, or save this card.