Carbon Tax Benefits

David Suzuki once said, “Some solutions are relatively simple and would provide economic benefits: implementing measures to conserve energy, putting a price on carbon through taxes and cap-and-trade, and shifting from fossil fuels to clean and renewable energy sources.” In this quote, Suzuki suggests that there are many solutions to help vanquish detriments to our environment while benefiting the economy. Currently, the United States Federal Government is considering adopting a nationwide carbon tax. If the United States started taxing carbon emissions it would immensely benefit our environment. We would then start to see global warming and other environmental harm decrease and slow down. Since releasing carbon into our atmosphere would cost companies a vast amount of money, most organizations would be forced to switch to alternative resources to save money. These would then produce less or no carbon emissions. Many nations have already implemented a carbon tax of their own, and it has greatly benefited them. Countries have seen both environmental, and economic profits from this tax. …show more content…
Not only is this tax improving environmental conditions, but it also helps the citizens. Implementing a carbon tax opens up more job opportunities. As Bloomberg View headlined, “Carbon tax does not kill jobs, but creates them” (Bloomberg View). With more jobs created, more money is being generated and spent. According to Forbes, “Countries such as Australia have seen an increase in jobs” (Forbes). In the article headlined, “Can A Carbon Tax Create Jobs, Jobs, Jobs?” It talks about how this tax would create more jobs than it would destroy. In a study done by The Guardian, “A new study from REMI finds that a carbon tax could create 2.8 million jobs, and increase GDP by $1.3 trillion” (The Guardian). There are hundreds or studies that show how a carbon tax would both benefit the nation itself, and its