- The Energy Mix - https://theenergymix.com -

Tax Burden from Climate Change ‘Like a Sequence of Trap Doors’

It may not be called a carbon tax, but citizens are already paying the price for burning fossil fuels and producing carbon pollution, Schapiro argues in this L.A. Times op ed. Examples include the cost of cleaning up from severe weather, crop and flood insurance, and a 20% jump in meat prices due to drought. “These costs don’t hit us all at once but sporadically, in different places and at different times,” he writes. “They don’t feel like a carbon tax, though they amount to one. Every time we use fossil fuels, we increase our tax burden, a burden that unfolds like a sequence of trap doors, just like climate change itself.”(h/t to Environmental News Bits [1] for pointing us to this story)

Like this story? Subscribe to The Energy Mix and never miss an edition of our free e-digest.