For example, a business routinely dumps its toxic waste into a watershed, polluting that watershed and imposing huge costs on all the other users of the watershed that require non-toxic water. As this lowers the ‘market price’ for the goods produced by the business, the incentive is to always do this rather than pay the cost of safely processing the toxic waste. See for example the massive PFA problems. Here: https://www.usgs.gov/news/national-news-release/tap-water-study-detects-pfas-forever-chemicals-across-us
Charging them for the negative externalities. Like coal kills way more people than nuclear but there’s no tax on coal plants for the harm caused.
Then you’re artificially increasing the cost of the fuel.
It’s still going to be absolutely cheaper than alternatives.
Putting a tax on externalities isn’t artificially increasing the cost of the fuel. It’s fixing a market failure.
I’m sorry, what?
Pollution has a cost to society. Someone has to pay for it. Putting that cost on the polluter is the most efficient way to handle it.
For example, a business routinely dumps its toxic waste into a watershed, polluting that watershed and imposing huge costs on all the other users of the watershed that require non-toxic water. As this lowers the ‘market price’ for the goods produced by the business, the incentive is to always do this rather than pay the cost of safely processing the toxic waste. See for example the massive PFA problems. Here: https://www.usgs.gov/news/national-news-release/tap-water-study-detects-pfas-forever-chemicals-across-us
Allowing fossil fuels to not pay their use costs is artificially decreasing the cost.
I totally agree, but nations won’t understand that because they are modern-day fiefdoms.
Their main purpose is to support their ruling class. Funnel as much money as quickly as possible.