Friday, April 18, 2014

Pros/Cons Of Climate Change Carbon Tax



As the debate over climate change continues to rage around the world, many believe that a 'carbon tax' is the best option for turning the tide toward a cooler planet. So, what are the pros and cons of counties like the United States imposing a carbon tax on businesses and individuals to reduce the amount of carbon that is released into the atmosphere? On the pros side, a carbon tax would reduce the amount of that material released into the environment simply because burning fossil fuels like gasoline and coal would get much more expensive. It is a proven fact that when any product or service increases in price, consumption of that product or service is reduced. So, a tax would reduce the amount of man made carbon released into the atmosphere. So, what are the cons of imposing a carbon tax to improve climate change? Many people do not believe that temperatures on Earth are increasing due to the carbon released by burning fossil fuels. Imposing a new tax of any kind on energy would hurt poor people the most. The price of heating and cooling their homes, in addition to higher gasoline prices, would make it extremely difficult for low income people to make ends meet. There are some people who do not believe the concept of man made climate change is a reality. Instead, they believe the whole thing is being made up by liberal scientist for the simple purpose of expanding government control over business.

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