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]

35 comments fedilink hide all child comments

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).