• psvrh@lemmy.ca
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    4 months ago

    Regulation.

    The carbon tax, along or instead of cap-and-trade, was the conservative alternative to straight-up regulation. “We need a market based approach!” they said, “We need something that’s responsive!” they said, “We need something that’s cost-neutral!” they said. Regulation was too hard, too strict, too ornerous, too old-school for our modern, fast-moving, market-based world.

    “Trust us!” the capitalists said.

    And now it’s too hard because even a weaksauce carbon tax is too much for their precious profit margins. There’s money that someone else is making that is rightfully theirs! It was their idea and now they can’t even.

    So you know what? You don’t like the carbon tax? The we go back to good old-fashioned, ball-busting regulation. Because it fucking works.