Photo Credit: Fair Use [17 U.S.C. § 107]
Carbon Taxes That Focus On Luxury Consumption Are Fairer Than Those That Tax All Emissions Equally
12 Jul 2023 | Abstracted from Science Daily
"Not all carbon emissions are made for the same reason - they range from more essential purposes like heating a home to nonessential 'luxury' activities
"A new analysis published on July 11 in the journal One Earth suggests taxing luxury carbon emissions at a higher rate...If all 88 countries analyzed in this study adopted the luxury-focused policy, this would achieve 75% of the emissions reduction needed to reach the Paris Agreement's goal.
ADDITIONAL RELATED NEWS LINKS
- When Greening Isn't Good: Study Finds Climate-Driven Greening Is Reshaping East Asia's Air Pollution
- Remember How Sucking Carbon Out of the Air Was Going to Save the Planet? We Have Terrible News
- Does Energy Efficiency Reduce Carbon Emissions?
- First Ever Talks To Ditch Fossil Fuels As UN Deadlock Deepens
- Is Carbon Removal In Trouble?
- Why Nature-Based Investments Produce Results
- Recycling Fossil Infrastructure For Cleaner Energy Transitions
- With EPA Rules Now Voided, Here's What To Expect On Dealer Lots
- Electrifying Light Vehicles In The United States Shows Emission Reduction Potential For All Vehicle Types And Powertrains
- Days Numbered For 'Risky' Lithium-Ion Batteries
RSStream
- MIT researchers tackle the economic realities of fusion power
- Deep Orange 17: Clemson University students build a car for BMW that generates more energy than it uses
- Black lung rates in Appalachia are high as the 1970s, with thousands of miners sick
- Australian rare earth miner surges after U.S. Department of Defense investment
- Survey Sunday: this is how Chinese EVs will make it to America
- 11 Of The Most Reliable Electric Vehicles On The Market In 2026
- Oklahoma man buys 2016 Tesla Model X 90D for $9,500 sight unseen and expects the worst until he shows up to drive it home
- Tesla's new 6-seat Model Y powers its best July yet as Australia nears 50% electrified sales.
- Inside Tesla's secretive $10 Billion 'Project Crystal Sun' filing
- This 585-HP Chinese EV Looks Like a Ferrari and May Cost Just $37,000
