Guest essay by Eric Worrall
Buys Bitcoin, bans Bitcoin for Tesla purchases due to its carbon footprint, praises Dogecoin and calls for a carbon tax.
Elon Musk, CEO of Tesla, is calling for a carbon tax again
“It’s not that we shouldn’t have carbon-generated things, there should be a price for this stuff,” he said on a recent podcast.
By Louis Casiano FOXBusiness
Elon Musk, CEO of Tesla, again called for a carbon tax on Thursday. A proposal he said was rejected by the Biden administration because it was “politically difficult”.
“It’s high time there was a carbon tax!” Tweeted Musk, the boss of Tesla, the electric car company, and SpaceX simply.
Musk’s comment came a day after he said Tesla would no longer accept Bitcoin for vehicle purchases amid concerns about the environmental cost of mining Bitcoin.
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Read more: https://www.foxbusiness.com/politics/elon-musk-carbon-tax
I wonder if Musk is risking a letter from the SEC. Comments that cause the price of commodities to fluctuate wildly in different directions are sometimes interpreted as deliberate market manipulation, even though I don’t know enough about securities law to give an opinion on whether Musk has crossed the line.
It is high time there was a carbon tax!
– Elon Musk (@elonmusk) May 13, 2021
As for Musk’s demand for a carbon tax, here’s a thought, Elon. How about improving the affordability of your product so that you don’t need government help to sell more Teslas? In my opinion, asking for a carbon tax is a heartless attack on poor people. An admission that the alternative to fossil fuels is too expensive to flourish without government coercion.
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