ST Alpha - "which is just as well, as the companies paying the tax will pass on the increased costs to consumers (as they should)" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Down to Post

Backboards:

Posts: 161

In response to "most of which will apparently go to subsidizing increased consumer costs for lower-income families as a result of this program -- nm" by znufrii

which is just as well, as the companies paying the tax will pass on the increased costs to consumers (as they should)

Posted by The Quiet Roger More (aka RogerMore) Mar 18 '09, 09:00

IMO industry does have a valid concern about cabon leakage though - for example, a company that manufactures in the US and has to pay a price on carbon will be less competitive against companies that manufacture outside the US and do not have to pay the tax.

I'm not sure how Europe, which has a cap and tarde system up and running, deals with this issue.

Responses:

[deleted] 1
- I know that's one proposal to deal with the problem, but is that what the EU actually does? -- nm - The Quiet Roger More Mar 18, 09:06

Post a message top

which is just as well, as the companies paying the tax will pass on the increased costs to consumers (as they should)

Replies are disabled on threads older than 7 days.