Patrick Byrne

@PatrickByrne ↗

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Last Checked April 2, 2023

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Sun Jan 29 14:06:25 +0000 2023

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Patrick Byrne @PatrickByrne

As I recall at this early hour, the USA emits about 5 billion tons of carbon in a year. Imagine we tax at the source at $40/ton. $40 X 5B tons = $200B Our GDP = $20 trillion $200B/ $20T = 1% Thus countless environmental arguments, get taken care of, and reduced to that 1%. — PolitiTweet.org

Posted Jan. 29, 2023 Hibernated

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Patrick Byrne @PatrickByrne

That said, I do consider myself an environmentalist. When our fiscal situation implodes and we replace it with something new (a flat tax + UBI) we should consider a Pigouvian tax on carbon. It gives us one simple number into which to condense much environmental dispute. — PolitiTweet.org

Posted Jan. 29, 2023

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Patrick Byrne @PatrickByrne

In addition, it takes the relative price up a notch, more expensive, thus giving a tailwind to adoption of green alternatives. Accomplishing our goals without tens of thousands federal regulations and oversight and micromanagement. — PolitiTweet.org

Posted Jan. 29, 2023 Hibernated