Elon Musk says the No. 1 way to decrease carbon dioxide emissions would be to levy a tax on carbon.

“My top recommendation, honestly, would be just add a carbon tax,” Musk told Joe Rogan on The Joe Rogan Experience podcast on Thursday. “The economy works great. Prices and money are just information. … If the price is wrong, the economy doesn’t do the right thing.”

Currently, there is no direct monetary consequence for businesses and industries whose production releases greenhouse gasses into the atmosphere; in other words, it is free to create green house gasses, the most common and pervasive of which is carbon dioxide.

No.1 Way to Decrease Carbondioxide Emissions Would be to Levy a Tax on Carbon | Devamı>>>

Our world has reached a point where society recognizes the planet is under stress, with energy and technology sectors at the forefront of this reckoning. Microsoft, in association with PwC, revealed the urgency of the challenges currently facing our planet, reporting that 91% of people don’t live in standard air quality-controlled areas, 60% of biodiversity has been lost since 1970, and greenhouse gases are at their highest levels in 3 million years.

To get ahead of these challenges, we must reduce carbon footprints.

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