Elon Musk reiterated his belief that carbon taxes need to be implemented, falling in lockstep with the World Economic Forum’s recent call for a “globally coordinated system of carbon taxes.”
In a recent tweet, Musk called for the introduction of carbon taxes.
As Breitbart News reported:
During a panel discussion on the “Global Economic Outlook” on Friday during the annual WEF meeting in the Swiss ski resort town of Davos, Al-Jadaan argued that in order to solve the supposed climate crisis, a global carbon tax will be required.
“There is no realistic solution to the climate transition that does not involve a globally coordinated system of carbon taxes,” the Saudi politician said.
“What we need is a system of carbon taxes coupled with subsidies for developing households and a stream of funding for the developing world, to allow them to engage in investments and mitigations and adaption that allows them to keep growing. And that’s a real opportunity,” Al-Jadaan continued.
“It’s a fair solution and it’s the only realistic solution, and we can’t keep ducking it,” he concluded.
“The only action needed to solve climate change is is a carbon tax.”
The only action needed to solve climate change is is a carbon tax https://t.co/mEGhIkSVsn— Elon Musk (@elonmusk) February 3, 2024
However, Conservatives were quick to voice their descent with Musk’s position on carbon taxes.
Taxation is theft, especially a carbon tax— Hodgetwins (@hodgetwins) February 3, 2024
Carbon tax will only finance a global government and army and will not change the climate. Sea levels have risen 400 feet world wide since the ice age, carbon tax would not have prevented this. The green movement is really red communism in disguise, don't fall for it.— Robert Sepehr (@robertsepehr) February 3, 2024
A carbon tax won’t achieve anything because China won’t participate.— Wall Street Silver (@WallStreetSilv) February 3, 2024
So all a carbon tax does is make USA and European countries uncompetitive economically.
Elon, you’re free to give more of your money to the government – but please keep me out of it!— Sal the Agorist (@SallyMayweather) February 4, 2024
This isn’t the first time the Tesla CEO called such Carbon taxes.
During an appearance on the Joe Rogan Experience, Musk said he spoke with the Biden administration about implementing a carbon tax.
“I talked to the Biden Administration, incoming administration, and they were like ‘well, this seems too politically difficult,’” he said.
“It’s not like we shouldn’t have carbon-generated things, there should be a price on this stuff,” he added.
“The economy works great. Prices and money are just information. If the price is wrong, the economy doesn’t do the right thing.”