Chapter
The Implementation of Carbon Taxation
55:51 - 1:01:59 (06:07)
The implementation of carbon taxation or cap and trade systems globally will help to incentivize industries to switch to alternative, less expensive methods of production to avoid facing the taxation on the externality costs of their conventional methods of production. However, there is a tendency for technocratic bureaucrats to think that the science behind climate change is more reliable than it actually is and that there are alternative ways to produce things that they may not be aware of.
Clips
The EU is planning to ban nitrogen fertilizers, a move that could have huge implications for farming in Europe.
55:51 - 57:22 (01:30)
Summary
The EU is planning to ban nitrogen fertilizers, a move that could have huge implications for farming in Europe. The decision was made without input from farmers or industry experts, leading some to question whether virtue signaling is more important than practical considerations.
ChapterThe Implementation of Carbon Taxation
EpisodeE86: Macro outlook: jobs, housing, inflation + Dutch farmers protests & EU climate missteps
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The global elite of technocrats are using authoritarian tactics and appropriating farms, justifying it under the sustainability blanket, despite the bad policies it perpetuates.
57:22 - 57:57 (00:35)
Summary
The global elite of technocrats are using authoritarian tactics and appropriating farms, justifying it under the sustainability blanket, despite the bad policies it perpetuates.
ChapterThe Implementation of Carbon Taxation
EpisodeE86: Macro outlook: jobs, housing, inflation + Dutch farmers protests & EU climate missteps
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
The limitations of science are often overlooked in the world of technocrats who are more than willing to use authoritarian tactics to create market distortions and force technological shifts without careful consideration of the consequences.
57:57 - 59:35 (01:37)
Summary
The limitations of science are often overlooked in the world of technocrats who are more than willing to use authoritarian tactics to create market distortions and force technological shifts without careful consideration of the consequences.
ChapterThe Implementation of Carbon Taxation
EpisodeE86: Macro outlook: jobs, housing, inflation + Dutch farmers protests & EU climate missteps
PodcastAll-In with Chamath, Jason, Sacks & Friedberg
As technological alternatives become available, a cap and trade or taxation system for externality costs in production, industry, and agriculture is likely to be rolled out worldwide, incentivizing the switch to these alternatives that will cost less than the taxes - according to Sax, who highlights the need for more strategic and thoughtful planning in the industry.
59:35 - 1:01:59 (02:23)
Summary
As technological alternatives become available, a cap and trade or taxation system for externality costs in production, industry, and agriculture is likely to be rolled out worldwide, incentivizing the switch to these alternatives that will cost less than the taxes - according to Sax, who highlights the need for more strategic and thoughtful planning in the industry.