re: #686 Coracle

I have heard that claim many times. I haven’t seen any hard numbers brought backing it up.

If businesses have to pay a fine for emitting CO2, what do you suspect that will do to energy prices, transportation costs, the price for goods and services? Wages aren’t going to rise to compensate for the taxes on CO2 because profits will likely decline. You will pay more to heat and cool your home, buy groceries, drive your car, fly on an airliner, etc… everything will be more expensive. It will be particularly harmful for small businesses. Most of us can’t pass a huge increase in operating costs on to our customers without losing many of those customers. The increase in gas prices last summer were devastating for many of us. I can’t imagine how in the hell people can absorb a tax that hikes gas up to $5.00 per gallon (conservatively).