• @[email protected]
    link
    fedilink
    English
    142 months ago

    Any price lower than that required to compensate for all the negative externalities of both driving and using fossil fuels to do it still counts as subsidized.

    • @[email protected]
      link
      fedilink
      32 months ago

      A failure to set an excise tax on a product or service that offsets its externalities is not a subsidy. A lower tax rate than a competing product is arguably a subsidy.

      I’m not aware of any modern societies that make a credible attempt to adjust the price of all or most goods and services to include their externalities. That sounds like a good idea in theory, but very difficult to implement in practice.