[ewindal]

Increasing the energy prices isn’t a solution. It’d affect to poor disproportionally, while also being greatly destabilizing for society at large. It’s basically a flat tax for heating your home.

Norway recently experienced its highest energy prices ever, in large part because of tighter coupling with the European market. Some people got bills 10x of previous years. Using less energy simply isn’t an option here, otherwise you freeze to death, or damage your home. It led to a massive political outcry that was easily exploitable by populists.

You can’t go back on decades of energy policy in that short a time frame, and you can’t do it without easing the tax burden somewhere else. The current government in Norway is polling extremely low. So low they probably won’t recover by the next election in 3 years. And they didn’t even cause the spike in energy prices here. I dread to imagine what would happen if a government intentionally hiked the enrgy prices just to stop bitcoin miners…

[scotty79]

That's why poor (and for simplicity everybody) should be subsidized to counteract the effect of taxing carbon.

Then this tax will only influence economy making ways of doing things that don't emit carbon insanely competitive.