Comment by saagarjha
1 day ago
Not just lack but outright apathy and villainizing of these attempts. If you try to tax gas some oil CEO will run a campaign explaining to the working class that their commute will now cost 10% more, which obviously makes people upset. Part of it is that we, unfortunately, can’t actually subsidize car commuters anymore. But part of it is that CEO is going to incur a cost of 50%, as he should, which is why he’s bothering to spend money riling people up.
It is not feasible to take a bike or public transportation to work in many parts of the world so a policy change like that would just incur an additional cost to those who have no alternative.
A better idea is to encourage other types of transportation in private companies rather than penalize existing companies with taxes. If taxing the companies will raise prices on consumers, you might as well consider it an additional tax on the people.
Redistribute the tax back to the people. That way you're eliminating the price externality but offsetting the cost to individuals. The fossil fuel industry can't continue to plug their ears and ignore the costs associated with putting more and more carbon in the atmosphere. We need to hold them to account.