Carbon tax is another scam, just like the fiat dollar scam now. The governments find more ways to steal from you. Slam
Correct. People often forget that we exhale carbon dioxide when speaking about a carbon tax. Personally I see it as yet another tax to keep the poor people in their place (poor people tend to have more children etc). Back on topic How seriously will the U.S take the Chinese demand for gold?
Yes to carbon tax. People seem to think that we can get out of these dangerous situations without paying anything.Just ignore it and it will go away. Everythings all right , now go back to sleep.
.... Isnt the US one of Chinas' biggest (if not the biggest) Importers? If the US economy fails, wouldnt that in turn cripple the Chinese export market, reducing their GDP? The US has been openly critical of the devaluation of the Yen, ironically throughout the US QE program. Could it be that this announcement is economic/political just game of tag? Youre it!
No, its an interest payment on the debt we've built up against the earth's ability to absorb our carbon emissions. We've been tapping into hundreds of millions of years worth of energy stored in fossil fuels gone on an energy binge, just like the U.S. has been tapping China's lending ability and gone on a spending spree. It simply isn't possible to use that amount of credit - or carbon - without having to pay for it at some point, and in both cases that point is approaching quite quickly.
Any idea how many new pubic servants will be required by the new carbon tax? What would be the cost to administer? How much goes into the govenment slush fund? How much it will reduce carbon? Why bother seeing as carbon is only a minor part of the problem?
So we have a politically acceptable excuse to circumvent free trade agreements and tax imports, thereby making other countries pay for our transition into a low carbon economy.
