CO2 emissions cause monetarily calculable damage per year, Divide that number by 32 billion tonnes emitted per year, charge that to all emitters. Easy, Problem solved.
Maybe add a premium for future damage being accumulated in the atmosphere, number which increases over time i.e., it keeps getting more and more expensive as concentration increases. Knowing that the cost will only keep rising can only be an incentive to cut emissions.
If a bottle of pop holds .00001 tonne of fossil carbon in it, add the equivalent tax to the bottle's price. Charge it to the end user or manufacturer/bottler, whichever is easier. Why is that so complicated?
And why worry about such minute details? smoke screen/red herring in order to distract from SUV and coal plant emissions?
Come on !
Either way, it is much much easier to implement than a cap and trade system.
Without the only incentive corporations (and indic=viduals in general) respond to i.e., money, there will be NO agressive attempts to reduce emissions. Carbon tax. All the way.
No matter how you slice whatever you implement, it is a tax.
Fine. If the only impedement is the word tax, then remove the word tax. Then call it a Carbon disposal fee. Or an Atmosphere protection fee. Or whatever.
Why are amercians so afraid of doing what's right? Why do they continuously bow to the ignorant vocal bigots? Bulldoze over them, drag them out of the dark age, screaming and kicking if necessary.
Just do it.
The illegal iraki invasion is a trillion dollar oil industry subsidy.
The american soldiers killed in various oil states is another subsidy.
The billions flowing to middle east despots to keep them in power in exchange for "stability" (i.e. easy US access to their oil) is another subsidy.
The billions spent keeping US bases open in the middle east, navy escorts of oil tankers, etc, are yet more subsidies.
The oil industry has subsidies coming out of its ying yang that are completely unaccounted for.
the damage being caused by climate change is yet another subsidy. the taxpayers will pay for moving New York when the sea rises. That will be yet another subsidy.
thousands upon thousands of smog related deaths and health issues - yet another subsidy.
corn for ethanol is presented as a green fuel initiative, but in reality it has nothing to do with helping the environment. Its real intent is to appease the powerful big corn agribusiness lobby.
2) why not inquire re: subsidies to nuclear oil and coal ? not really interested in "all" the facts?
Turning CO2 into a fuel so that the fuel gets turned back into CO2 by a big old idling Hummer? Where's the benefit?? I dont get it?
Bob Wallace is right. This is the classic "technology trap".
commenter 12 - as if the oil and coal industries thrive because of a 'free market' - what a joke, they are very heavily subisdized by the state, in fact, together they have become the central controller of the world's economy. There IS no free market.
'Lift nations our of poverty' are you ever naive: indonesia and haiti are truly capitalistic countries.