Asklemmy

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Would you support your country joining an 'open invite' Free Trade Agreement with the only stipulation being the implementation of a Carbon Tax? (self.asklemmy)

submitted 1 year ago by Yondoza to c/[email protected]

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The way I see it, the major barrier to countries implementing carbon taxes is the fear their economic competitors won't do the same, therefore hindering their economic growth needlessly. A valid concern.

Why don't some nations build an 'opt in' style Free Trade Agreement that allows any country to join as long as they prove they have implemented and enforced a carbon tax. Those countries then have high financial incentives to only trade within the 'carbon tax block' and any country outside is at a serious trade disadvantage.

I've (quickly) looked and have not found anything like this proposed (which is frankly crazy).

Would you support your country jumping into this FTA?

What are the unforeseen downsides or objections to a plan like this?

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[–] [email protected] 1 points 1 year ago

I love this idea.

I would definitely support it.