Business

Elon Musk Advocates CO2 Tax To Fight Back Climate Change Crisis

CEO and founder of SpaceX, billionaire Elon Musk has pitched for carbon di oxide tax to tackle the ongoing problem of climate change.

In a post on the social media site X on Wednesday, Musk stated that if appropriately imposed, a CO2 tax would afford significant leverage in addressing the issues caused by the rapidly growing CO2 levels.

He added, “If we do need something to tax, it should be something potentially harmful, instead of something potentially beneficial, as is done for vegetables and fruits, instead of tobacco and liquor.”

Also Read: Sensex Opens In Red Following Profit Booking In Smallcap And Midcap Stocks

The tech mogul acknowledged that the long-term risk is extremely significant, even if one considers life simply at a fixed CO2 level, but he disagreed with others who think this issue will be disastrous in the next five to ten years.

In a graphic that was attached to his X post, he stated that while 400 parts per million is the optimal level of outdoor air, the current levels are substantially higher—at least 800 parts per million compared to the ideal—and that anything over 1000 parts per million would be considered out of control.

Shibra Arshad

Recent Posts

Armed Forces On ‘Operation Sindoor’: 100 Terrorists Across 9 Locations Eliminated

Lt Gen Ghai said the May 7 offensive targeted and destroyed terror hideouts in Pakistan…

8 mins ago

Justice BR Gavai Speaks On Terrorism, War, And National Responsibility Ahead Of CJI Oath

Justice BR Gavai, to be sworn in as the 52nd Chief Justice of India on…

50 mins ago

EaseMyTrip Founder Warns of National Security Threat from Travel Apps With Chinese Ownership

EaseMyTrip also urged Indian travellers to avoid non-essential trips to Turkey and Azerbaijan. Social media…

2 hours ago

Operation Sindoor: Pakistan Army Lost 35-40 Personnel In Indian Strikes, DGMO Tells In Special Briefing

India’s counterstrikes under Operation Sindoor killed nearly 35–40 Pakistani military personnel between 7 and 10…

2 hours ago

India’s Air Defence Strategy Showcases Modern Warfare Integration

John Spencer, Chair of Urban Warfare Studies at the Modern War Institute at West Point,…

2 hours ago

India And EU Resume Free Trade Talks In Push For 2025 Agreement

India and the European Union (EU) have resumed negotiations on their long-awaited Free Trade Agreement…

2 hours ago