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That was tried in Ontario (cap and trade), but there was enough misinformation going around that the general populace thought it was just a standard tax on indi
by lfuller 3y ago
That was tried in Ontario (cap and trade), but there was enough misinformation going around that the general populace thought it was just a standard tax on individuals.
- ericd 3y agoDid the people there start getting money every month into their bank account (the “dividend” part)? If not, I imagine that that would’ve cleared that misinformation up rather quickly.
- nullindividual 3y agoWashington State does cap and trade on industry. And yes, it has just become a 'standard tax' on individuals passed from industry to the pump to the tune of 40-50 cents/gal. While I agree that it is important to reduce consumption of fossil fuels, the infrastructure isn't there to enable people to commute from lower-cost areas of living to higher-cost areas of working. This will likely be repealed by voters via initiative[0] this fall. [0] https://www.seattletimes.com/seattle-news/environment/initiative-2117-to-repeal-wa-climate-act-takes-key-step-toward-ballot/ https://www.seattletimes.com/seattle-news/environment/initia... More fun reading on our defacto gas tax: https://www.king5.com/article/news/investigations/former-wsdot-economist-accuses-state-retaliation-for-refusing-lie-gas-prices/281-09151707-2976-48e2-bdd5-c65e36a52aac https://www.king5.com/article/news/investigations/former-wsd...