--- title: "Meaning & Key Takeaway of: We're talking about should we increase…" description: "\"We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental d..." image: "https://sms4smile.com/quotes/i/222/robert-f-engle-23929_carbon_we-re-talking-about-should-we-increase-t_91216.jpg" --- # We're talking about should we increase taxes? Why not put… ![“We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income…” quote by Robert F. Engle](https://sms4smile.com/quotes/i/222/robert-f-engle-23929_carbon_we-re-talking-about-should-we-increase-t_91216.jpg) [Download](https://sms4smile.com/quotes/i/222/robert-f-engle-23929_carbon_we-re-talking-about-should-we-increase-t_91216.jpg) [Open image](https://sms4smile.com/quotes/i/222/robert-f-engle-23929_carbon_we-re-talking-about-should-we-increase-t_91216.jpg) > “We're talking about should we increase taxes? Why not put a tax on carbon emissions. It would raise a lot of money, it would reduce the environmental damages in the future, it would solve so many problems, and it would be a much more constructive thing to do than to think about raising the income tax.” [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Proposes a carbon tax as a constructive alternative to income tax hikes, arguing it would generate revenue while reducing future environmental damage. **In simple terms:** Carbon tax funds revenue and cuts emissions. Key Takeaway Carbon pricing can address climate and fiscal goals. Themes economics environment policy taxation Mood analytical optimistic Type policy economic When to use this quote - legislators drafting climate bills - businesses planning carbon‑offset strategies - citizens evaluating tax impacts Key Concepts the link between fiscal tools and ecological outcomes Practical Applications - implement a graduated carbon levy - reinvest proceeds into green infrastructure Questions to Reflect On - What safeguards ensure fairness in a carbon tax? - How can revenue be best used to maximize climate benefit? A Different Perspective Carbon taxes may disproportionately affect low‑income households unless mitigated. ★ ★ ★ ★ ★ No ratings yet [Carbon emissions](https://sms4smile.com/quotes/about/carbon-emissions/) [Climate](https://sms4smile.com/quotes/about/climate/) [Damage](https://sms4smile.com/quotes/about/damage/) [Emissions](https://sms4smile.com/quotes/about/emissions/) [Environmental](https://sms4smile.com/quotes/about/environmental/) [Income](https://sms4smile.com/quotes/about/income/) [Lots of money](https://sms4smile.com/quotes/about/lots-of-money/) [Money](https://sms4smile.com/quotes/about/money/) [Problem](https://sms4smile.com/quotes/about/problem/) [Taxes](https://sms4smile.com/quotes/about/taxes/) [Things to do](https://sms4smile.com/quotes/about/things-to-do/) [Thinking](https://sms4smile.com/quotes/about/thinking/) [Why not](https://sms4smile.com/quotes/about/why-not/) ## Related quotes > [We simply have to become more competitive as a state if we're going to be successful in creating jobs, bringing capital investment and raising…](https://sms4smile.com/quotes/mark-sanford/we-simply-have-to-become-more-competitive-as-a-state-if-we-re-going/) [Mark Sanford](https://sms4smile.com/quotes/author/mark-sanford/) > [I want to break up the Wall Street banks. 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One of them is that we can increase the taxes that people are paying who…](https://sms4smile.com/quotes/ilhan-omar/there-are-a-few-things-that-we-can-do-one-of-them-is-that-we-can/) [Ilhan Omar](https://sms4smile.com/quotes/author/ilhan-omar/) ## More by Robert F. Engle > [So what is the role that credit default swaps can play in an economy? Well my feeling is that if these things actually will…](https://sms4smile.com/quotes/robert-f-engle/so-what-is-the-role-that-credit-default-swaps-can-play-in-an-economy/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [Well if you've got information about a company, or you believe that a company is undervalued, you can go out and buy their stock…](https://sms4smile.com/quotes/robert-f-engle/well-if-you-ve-got-information-about-a-company-or-you-believe-that-a/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [I mean, we've always had gold bugs, but now we sort of realize that Treasure Bills might be in the same category. And we…](https://sms4smile.com/quotes/robert-f-engle/i-mean-we-ve-always-had-gold-bugs-but-now-we-sort-of-realize-that/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [I think what we need is better understanding of how to do risk analysis of a CDO, but that they still can perform a…](https://sms4smile.com/quotes/robert-f-engle/i-think-what-we-need-is-better-understanding-of-how-to-do-risk/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [Credit default swap gives you something to do. You can buy some credit default swaps from them to protect yourself against the bankruptcy of…](https://sms4smile.com/quotes/robert-f-engle/credit-default-swap-gives-you-something-to-do-you-can-buy-some-credit/) [Robert F. 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Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [I don't think the idea of requiring these to be only sold to people who have already own the bonds, in other words, this…](https://sms4smile.com/quotes/robert-f-engle/i-don-t-think-the-idea-of-requiring-these-to-be-only-sold-to-people/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [A lot of ambitious code has been written into the law for those and we will have to see if it actually works, if…](https://sms4smile.com/quotes/robert-f-engle/a-lot-of-ambitious-code-has-been-written-into-the-law-for-those-and/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [That is, many times we're not risking our own money, we're risking somebody else's money, or maybe that someone is going to back stop…](https://sms4smile.com/quotes/robert-f-engle/that-is-many-times-we-re-not-risking-our-own-money-we-re-risking/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [If you have information that a company is not as good as its stock market valuation, you don't have a way to sell that…](https://sms4smile.com/quotes/robert-f-engle/if-you-have-information-that-a-company-is-not-as-good-as-its-stock/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [I don't see what the alternative to risk management is. If it's just getting rid of the models and instead using the smart people…](https://sms4smile.com/quotes/robert-f-engle/i-don-t-see-what-the-alternative-to-risk-management-is-if-it-s-just/) [Robert F. Engle](https://sms4smile.com/quotes/author/robert-f-engle/) > [I agree with a lot of the points in Taleb's book, but I don't agree with many of his conclusions. It seems to me…](https://sms4smile.com/quotes/robert-f-engle/i-agree-with-a-lot-of-the-points-in-taleb-s-book-but-i-don-t-agree/) [Robert F. 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That game…](https://sms4smile.com/quotes/kenneth-fisher/windmills-and-solar-cells-are-carbon-free-sources-of-electricity-but/) [Kenneth Fisher](https://sms4smile.com/quotes/author/kenneth-fisher/) > [every being is unique.god neva creates carbon copies,he alys creates originals.he is truly a creator.he neva repeats.but man goes on living in imitation.we are…](https://sms4smile.com/quotes/anonymous/every-being-is-unique-god-neva-creates-carbon-copies-he-alys-creates/) [Anonymous](https://sms4smile.com/quotes/author/anonymous/) > [The brightest and most valuable diamond started life as just a lump of carbon](https://sms4smile.com/quotes/peter-dilger/the-brightest-and-most-valuable-diamond-started-life-as-just-a-lump/) Peter Dilger > [Washington bureaucrats have classified the very air we exhale as a pollutant and have gone unchallenged in this incredible assertion. The logical consequence is…](https://sms4smile.com/quotes/ron-paul/washington-bureaucrats-have-classified-the-very-air-we-exhale-as-a/) [Ron Paul](https://sms4smile.com/quotes/author/ron-paul/) > [I love being a carbon molecule.](https://sms4smile.com/quotes/duncan-trussell/i-love-being-a-carbon-molecule/) [Duncan Trussell](https://sms4smile.com/quotes/author/duncan-trussell/) > [Coal is the moral choice, particularly for the developing world... The model for the world right now should be Australia. Australia gets it. Scientifically…](https://sms4smile.com/quotes/marc-morano/coal-is-the-moral-choice-particularly-for-the-developing-world-the/) Marc Morano > [Each year we pump at least six billion tons of heat-trapping carbon into the innermost layer of our atmosphere, whose outer extent is only…](https://sms4smile.com/quotes/ross-gelbspan/each-year-we-pump-at-least-six-billion-tons-of-heat-trapping-carbon/) [Ross Gelbspan](https://sms4smile.com/quotes/author/ross-gelbspan/) > [If every country committed to spending 0.05 per cent of GDP on researching non-carbon-emitting energy technologies, that would cost $25 billion a year, and…](https://sms4smile.com/quotes/bjorn-lomborg/if-every-country-committed-to-spending-0-05-per-cent-of-gdp-on/) [Bjorn Lomborg](https://sms4smile.com/quotes/author/bjorn-lomborg/) > [We're full of electricity, and the walls and floor of a building contain carbon - the same makeup as a video tape - and…](https://sms4smile.com/quotes/peter-james/we-re-full-of-electricity-and-the-walls-and-floor-of-a-building/) [Peter James](https://sms4smile.com/quotes/author/peter-james/) > [Whether carbon dioxide is quite the environmental villain that some people make it out to be is not yet proven.](https://sms4smile.com/quotes/tony-abbott/whether-carbon-dioxide-is-quite-the-environmental-villain-that-some/) [Tony Abbott](https://sms4smile.com/quotes/author/tony-abbott/) > [“Steven Apfelbaum, a restoration ecologist in Wisconsin, says that every 1 percent increase in soil carbon holds an additional sixty thousand gallons of water…](https://sms4smile.com/quotes/judith-d-schwartz/steven-apfelbaum-a-restoration-ecologist-in-wisconsin-says-that-every/) [Judith D. Schwartz](https://sms4smile.com/quotes/author/judith-d-schwartz/) > [I want to break up the Wall Street banks. Hillary Clinton doesn't. I want to raise the minimum wage to 15 bucks an hour.…](https://sms4smile.com/quotes/bernie-sanders/i-want-to-break-up-the-wall-street-banks-hillary-clinton-doesn-t-i/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [I also think that if you want to put a price on carbon, why not just do it with a simple tax? Why not…](https://sms4smile.com/quotes/tony-abbott/i-also-think-that-if-you-want-to-put-a-price-on-carbon-why-not-just/) [Tony Abbott](https://sms4smile.com/quotes/author/tony-abbott/) > [If you want to make a substantial reduction in your carbon footprint, doing it on your own is virtually impossible, especially if you're driving…](https://sms4smile.com/quotes/tom-arnold/if-you-want-to-make-a-substantial-reduction-in-your-carbon-footprint/) [Tom Arnold](https://sms4smile.com/quotes/author/tom-arnold/) > [Jesus was not born on December 25th. There's carbon evidence of it. That freaks people out.](https://sms4smile.com/quotes/matt-skiba/jesus-was-not-born-on-december-25th-there-s-carbon-evidence-of-it/) [Matt Skiba](https://sms4smile.com/quotes/author/matt-skiba/) Browse all 812 Carbon quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "We're talking about should we increase taxes? Why not put a tax on carbon emissions. 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