What The U.S. Needs To Make A Carbon Tax Work

The video discusses the growing support for a carbon tax as a means to reduce carbon emissions and mitigate climate change. It highlights the economic benefits and political support from both parties, while also addressing the potential increase in costs for consumers. The video emphasizes the importance of stable legislation to encourage investment in long-term solutions and the global impact of such measures. It concludes by discussing the potential for technological advancements and international cooperation to make emission control more affordable worldwide.

What is one of the main reasons big industries are lobbying for a carbon tax?

• To gain public support

• To reduce competition

• To increase their profits

• To bring economic benefits

What is the estimated revenue from a gradually increasing carbon tax by 2028?

• $1 trillion

• $500 billion

• $750 billion

• $2 trillion

How might a carbon tax affect lower-income customers?

• It would affect them more than others

• It would benefit them

• It would reduce their energy costs

• It would have no effect

What is a key challenge in maintaining support for a carbon tax?

• Increasing its popularity

• Making the support last

• Reducing its impact on the economy

• Ensuring it is cost-effective

How can a successful carbon tax benefit poorer countries?

• By increasing their exports

• By providing them with financial aid

• By making emission-reducing technologies cheaper

• By reducing their debt