tag:blogger.com,1999:blog-3690971792500080381.post2656147829951280459..comments2010-02-21T09:30:30.858-08:00AUSnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3690971792500080381.post-75074475009644572212010-02-21T09:30:30.858-08:002010-02-21T09:30:30.858-08:00Hi Rael<br /><br />Thanks for your comment.<br /><br />I actually did do a back of the envelope calculation that the $100 per ton of CO2 VAT would add $700 billion to the tax revenues of the USA. The carbon import tax would add about $400 billion and the trillion dollar deficit then goes away. I think you should join me in preparing the essay on policy.Lindsay Leveenhttp://www.blogger.com/profile/04155181091924399702noreply@blogger.comtag:blogger.com,1999:blog-3690971792500080381.post-67679804987429785922010-02-20T22:50:21.215-08:002010-02-20T22:50:21.215-08:00Lindsay -- <br /><br />I can&#39;t agree more with your idea of having a CO2 tax. It will force an even playing field from a green perspective; not only should the tax be levied -- but every product and service should be required by law to disclose how many tons of CO2 went in to delivering the product/service, allowing consumers to make green choices.<br /><br />Have you thought about how much additional revenue would be generated by such a levy; and the implications on our multi-trillion dollar deficit, not to mention trade deficits. This would make for an interesting addition to your presentation to congress. Here is a politically palatable idea to climb out from our mountain of debt while boosting our local economies and doing so in a way that is environmentally responsible.<br /><br />Go Lindsay!!Raelhttp://www.blogger.com/profile/14385065123313411508noreply@blogger.com