Carbon Tax: Would paying for CO2 emissions hurt your wallet? | ClimateScience #4

[@Rene046]

maybe someone could help or explain.. Me and my wife with 2 children live in a rented house, it's badly isolated, we spent lots of money to the heating bill and electricity the each year specially the last 2-3 years. in the past we tried to get a loan to buy a house but because both of us have some health problems and a badly paid job the mortgage would be way more than we have pay now. we would love to live more carbon emission free, but, we have almost no money left each month to eat , we can't afford to move to a cheaper better isolated rental house. isolating this house or even having solar panels is financial unpossible, and in our city there is only one company that rent out all houses here. than we don't know how long this block of houses will stay, before getting demolished.. could be 9 years but also 3 years.. they are still making lots of money with those houses. In the winter we put our heating to 62 degrees max and walk around in thicker clothes, but still lots of heat disappears. and now everything gets more expensive, and next year we get CO2 taxes. how can we ever save some money to ever get a better isolated house, or solar panels to get carbon neutral.. how are people surviving or doing this.. i'm starting to get more and more anti climate feelings while i know i could do more if we had the chance..

[@rainaqai68]

I think that they explained in the video that in British Columbia they gave revenue from carbon taxes to low income houses to help with this exact issue. A good carbon tax policy should reduce emissions but also address income inequality, so that's what you should demand from your government. Good luck to you.

[@blainebromfield8307]

@@rainaqai68no they should demand no pollution tax. It’s social engineering at its finest. When you realize 99.8% of all carbon dioxide pollutions come from corporations. Not the mass, than you will realize what is really going on

[@brandonsheffield9873]

They did this on purpose. They don't want low income homes to have good life. They want you constantly struggling. They want people to see their own personal struggles. If most people were doing well financially then they would be looking beyond their problems and watching their government and corporations more closely. It's proven research, humans need hardship, if they don't have "artificial hardship" they will find something to "fight against". The government and corporations don't want you "fighting" them. So instead they make life as hard as possible for the majority of population.

[@damiencrossley7497]

It's just another cash grab Canada is proof of this! Best to abandon it! all it will do is get you poorer

[@tyler-rr6dy]

@@rainaqai68 it does not reduce emissions of any kind. and right from the PBO report, states that with a carbon tax we are worse off and everyone has a net loss.. carbon tax is a scam, and this is nothing but propaganda bought and paid for by the liberal government

[@kellycarter4944]

Yes, lets talk about BC. The carbon tax has not reduced emissions AT ALL. In fact emissions have increased. The trick they use is it was reduced from "what it would have been" ie from a computer projection based on past consumption (a guess) that did not take into account other factors that also reduce consumption. Yes, lower income households do get some more money back, but the fact of the matter is the "rich" actually pay less anyway as they leave during winter to warm jurisdictions and avoid the carbon tax anyway (we tend to refer to these people as snow birds). So who really pays.... The working middle class. What has the carbon tax really done? It is a SIGNIFICANT contributor to inflation and the high cost of living particularly in BC. As part of that those who can now burn wood and/or garbage for fuel sources. These are "unofficial" CO2 sources so the "official" consumption has gone down, but at best the actual CO2 production is the same or more considering burning wood or garbage for fuel is very inefficient. It has also significantly contributed to cross boarder shopping mostly into Norther Washington USA where the fuel and products are much more affordable even with our low dollar taken into account. Other problems are healthy foods like fresh vegetables have gone up significantly in price because of the transport costs. Forcing families to either forgo or eat (ironically) more processed less healthy foods. And the high cost of living (among several other factors) has also lead to the extremely high homeless and drug problem in Vancouver in particular. The economy grew in BC due to demand in LNG and other natural resources (BC has a large forestry industry), and tech centers in Vancouver. It has not grown as much as it could have mostly due to high taxes, and Provincial and Federal political policies that have limited the economy. It is above the Canadian average, but it always has been. I note you did not mention Quebec who also has a carbon tax, but due to it's welfare state policies and the rest of Canada's monetary support it does not have the higher cost of living, but it also has a stagnant economy. Bottom line.... Carbon tax is fiscal policy not environmental policy and you are delusional if you think it does anything to "stop climate change". All it does is hurt the poor and middle class and make living MUCH more expensive.

[@blainebromfield8307]

I thought I was the only normal person on this planet left. Thank god some of you aren’t buying this

[@theshi3152]

nearly all of this is inaccurately represented like most things in this area. just because Emissons have increased doesn't mean there isn't a reduction in what would have been. its really not that hard and no. it really doesn't cost us anything. im in ontario. is is ABSOLOUTLY NOT any significant influence on inflation or high costs of most products. this is simply corporate greed. something something record profits by nearly every corproation and industry.. but yea totally the carbon taxes right? except i get WAY more back than i put in.

[@bruhbiqw6237]

​No you don't bro

[@JamesBalmforth]

Fuel for cars and heating is high enough. A further tax would raise prices even further. So many already cannot afford basic travel or warmth. And the vast majority of food products rely of fossil fuels for their production, so food prices would also go up, at time when so many are struggling to even survive. Carbon taxes and personal carbon wallets being talked about are a terrible idea.

[@Blackfaced]

If all of Canada dropped into it's respective Oceans the world's carbon footprint would be unchanged. At best you would MAYBE see a 1% reduction. If we really think about things, how ethical an advanced our Mining and Energy Sectors are - if we scrapped those the replacements would be fair worse, less ethical - throw gay people off roof tops type Counties. You're way out to lunch.

[@theshi3152]

Very much wrong. We have an outsized affect on our envirment. we account for less than 1 to 2 % of the global pop yet we are a top 10 carbon emitter. removing canada would actually have a substantial affect on the overall CO2 levels.

[@mikefoehr235]

BC has had a carbon tax for years...guess what...ghg emissions have risen. Canada as whole pays this tax. GHG have risen sharply since last year. The tax collected is given to lower income Canadians. Carbon tax will fail miserably.....like so many Liberal psychotic ideas. The tax has just made everything cost more. The tax should be invested in greener modes of transportation...NOT to subsidize the poor.

[@Rene046]

hmmm i am one of those poor people i think.. government is not giving me a penny.. ok a bid of money, but it's more like here you have $10 but i have to pay $20 more on tax. i hoped they would help me to get my house i rent better isolated, or some solar panels, we have no money left at the end of each month.. everything has become more expensive thanks to all those climate problems..yes i put more CO2 into the air than others with better isolated house.. the house boss is not spending any more money on upgrading the house(es) they are now making money with this old house.. maybe they could make a law that obliges the landlord to improve the house, or that he has to lower the rent considerably. and then.. say i could isolate this house way better, who says the landlord would not kick me out and than rent this house to someone else, bye bye investment.. well i think someday i really own nothing...

[@theshi3152]

GHG will always rise in aggregate the difference is how much it is raised. Ctax wont stop Emissions. it can reduce the total we would have otherwise had though.

[@mikefoehr235]

@@theshi3152 Has done ZERO 0 ZERO to reduce emissions. Just watch Poilievre roast Trudeau. This tax is a WEF Communist wet dream

[@The-eh6fm]

All of these things you mentioned in the beginning are the same problems we had before Steam Power was invented. But somehow its problem only now, sea level didn't really changed since 1900s, no polar ice caps, or frequencies of droughts or floods or anything. But well done, make it kids friendly, so when these little morons grew up they will vote for whatever bullshit you fed them when they were young. "How Dare You"

[@theshi3152]

Very Very Wrong please go educate yourself as to how Co2 affect the climate. you are SPECTACULARLY wrong

[@simoncaron6424]

What if instead we built 25 CANDU nuclear reactors?

[@-mwolf]

Why introduce a middle man that is prone to errors e.g. wrong re- distribution and use of the collected tax income? As you said in the video, low income households, who are responsible for the smallest part of climate pollution, will suffer the most due to carbon taxes. I also would not bet on governments helping them. A better, in fact the only sustainable, solution would be to expropriate businesses that contribute to climate change and nationalize them under democratic workers-control. That way we could ensure that they swiftly turn carbon neutral. Better yet, we'd organize our entire economy that way, democratically planning production and producing what's needed and not what yields the most profit.

[@pawboom2548]

I found this interesting, but not sure I understood it well. Could you please explain again?

[@-mwolf]

@@pawboom2548 The current socio-economic system, capitalism, is based upon the free market. To be successful on the free market, u need to make profit. Even more, u need to make more profit than the next guy. Problem is, profitable does not equal sustainable/etc.. Planning the economy democratically would eliminate that problem, we could produce what we need. In a nutshell.

[@nihilitymandate6073]

@@-mwolf My immediate qualm with that is the centralization of power because how would we really run the companies? In addition, it would immediately destroy innovation because who is going to create something only for it to be seized by governments. In addition, democracies do not work. You are right that the companies look for profits, but what would the people democratically do exactly? And more likely than not it’s just going to be our politicians deciding. A gas company can not be carbon neutral and so much of the current infrastructure. Instead of a plan that is completely untenable philosophically, politically, and economically, there are technological solutions to the issue of CO2. For example, if there was a better form of energy, accessible, abundant, and efficient, people would immediately go to it because more profit. We found the next thing, thorium salt reactors. Your idea sounds good on paper, but it is merely central planning with an extra step because the entire populous can not be involved in the workings of each unique company and neither do they have the intelligence nor time to do so.

[@ambrosefox8406]

The taxes on c02 can be redistributed to low income households.

[@theshi3152]

The Tech already exists. its capitalism that stands in the way of a transition because nothing is going to compete with Oil when we have the infrastructure built out for it over the last 100 years. its literally the mechanism you want to make it better.. making it worse.

[@indotoptrends]

$ carbon tax token

[@michaelbacklund9882]

Great vid!

[@climatechange-explained4407]

Great Video! Keep up the good work Climate Science!

[@ClimateScience]

Thank you, Vincent! We look forward to seeing you start your KZbin channel :) What's your first video going to be about?

[@climatechange-explained4407]

@@ClimateScience Well, I have uploaded my Science Fair video, however I plan for my next video to be on the Milankovitch Cycles! I am happy you are interested in my videos, and thanks for being a great community and helping me learn!

[@ClimateScience]

@@climatechange-explained4407 How exciting! I remember learning about the Milankovitch cycles and thought they were very interesting indeed. Best of luck and do let us know if we can be of any help.

[@damiencrossley7497]

@@ClimateScience Well look to Canada and see how its failing. Don't get me wrong we have to do somthing but Taxation doesnt work.

[@brunafritschesilva4609]

Amazing! I love this content!

[@hayjonathanjh]

Carbon taxes=bad idea

[@ambrosefox8406]

?

[@theshi3152]

great argument. soo glad you added to this conversation \s

[@HoopStudyBall]

Greatest scam of all times

[@boredkitten1280]

Such helpful videos. Thank you so much Climate Science!

[@nihilitymandate6073]

If anything, the money should be used to fund private companies and entities to research better ways to store energy and thorium salt reactors. Besides the fairly untenable political situation it puts us in if it is used as welfare, it has also been shown to be ineffective in British Columbia 67.9 million tons of CO2 in 2018 vs 63.4 in 2007. It has also proven to be very inefficient in fighting the struggles of the lower classes. What it does demonstrate is that the war on terror, drugs, alcohol, and poverty have continued to fail. If this legislation does come to pass, the logical and necessary direction to put the money would be to find to immediately put forth a better energy alternative than the current one because it would incentivize the entire world, CHINA and the other countries too, to follow. Merely America moving will not change much unless it is a qualitative change, instead of patching a hole with a band aid without mending it. In terms of the economic viability of such a tax, the effects of which can not be merely seen as growth in the economy. It has to be holistic in accounting for opportunity costs, innovation, predicted job growth, and much more. The argument put forth here is that taxes help increase economic productivity, which is not an argument any economist worth their salt would make. The other possibility is that the growth exists, which I am taking your word for, and the tax was not the cause as causation does not equal correlation of the economic growth over that span of time. This leads to an obvious conclusion even with presented facts, irregardless of the possible faults of data or accommodations.

[@theshi3152]

we already have the Tech to Fix the issue. but Capitalism stands in the way.

[@danielarobles4210]

This is so cool

[@lavemanishipatatipatacola]

Awesome video!!

[@tyler-rr6dy]

and fill full of lies and misinformation