Votto
Diamond Member
- Oct 31, 2012
- 55,847
- 56,113
- 3,605
One thing that climate change/global warming addicts can never explain to me is how would paying a carbon tax to the very same entities that own the big oil companies while suppressing petroleum free technology going to "cool the planet"?
I'm not surprised you're in wonderment. The IMF has no taxing authority and would not collect taxes on carbon. Governments would collect those taxes just as they collect all other taxes. That tax money would not be turned over to the petroleum industry. It would be up to the various governments to decide what they would do with it but it's hoped they would use it to finance the infrastructure changes needed to move away from fossil fuels and towards hydrogen, solar, tidal, nuclear, etc.
So government will create massive pots of money that they will distribute to whom they wish?
What could possibly go wrong?
Just think, government may one day have a solution to a problem that does not involve taxation. More than likely though, we will all be long dead.