Carbon pricing would raise trillions needed to tackle climate crisis, says IMF | Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28
Carbon pricing would raise trillions needed to tackle climate crisis, says IMF | Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28
Traditionally unpopular carbon taxes could be achieved with regulatory compliance, IMF head tells Cop 28
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isn't this bad for small businesses though?
Small businesses usually have a straightforward path to decarbonization. It's the big industrial facilities with a large capital investment which are going to have a tough time
i mean, suppose i run a pizza shop. Carbon pricing would make my sauce, cheese, flour, oil, topping prices higher.
also operating expenses like the pizza oven? these are expensive pieces of gas fired equipment that would have to be replaced.
carbon pricing is the only thing that can reduce consumption of fuel fuels, it just doesn't seem so simple to implement
Sure, but it also means your customers have more money in their pocket. This means you can charge different prices for meat vs vegetarian toppings, and customers will have a choice between eating vegetarian toppings and having more money left over or paying the premium for meat. As the carbon tax rises, you'll want to add vegan cheese to your options and electrify your ovens.