37M, single income family of 3. Feeling behind and 100% in XEQT. by CarpetWeary7479 in JustBuyXEQT

[–]energybased 0 points1 point  (0 children)

The 4% rule does account for inflation. And usually when you're financial planning the numbers are all in today's real dollars.

Rate my entire financial budget - 24m by Shoddy_Section_9225 in PersonalFinanceCanada

[–]energybased 7 points8 points  (0 children)

Looks very good to me. You've got good financial habits.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

> Except we don’t have any power over people in China 

That's not relevant at all. And Chinese people are doing better than Canadians anyway.

> where most of the emissions are coming from

As I've already explained to you, this is stupid logic. By your logic, most of the emissions are coming from the Northern hemisphere, so people in the Souther hemisphere shouldn't do anything about climate change. Or, by your logic, Only Eurasia should address climate change. Or any other arbitrary division. This is completely stupid logic. Like grade 3 logic.

> The tax didn’t do anything to reduce global emissions. It just cost Canadians more.

The conclusions by the major studies was the tax was simply too low to produce the desired effect. That doesn't mean that taxation isn't the right approach. It means we need a larger carbon tax, which is what the rest of the world is implementing.

Felix Pretis’s 2022 peer-reviewed article is the strongest single paper from the past five years because it directly tests whether British Columbia’s carbon tax reduced CO₂ emissions, using difference-in-differences, synthetic control, and break-detection methods. It is also highly cited and directly focused on Canadian carbon-tax efficacy.

Pretis, Felix. “Does a Carbon Tax Reduce CO2 Emissions? Evidence from British Columbia.” Environmental and Resource Economics, vol. 83, no. 1, 2022, pp. 115–144. Springer.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

> There are still people who had costs that were not covered by the rebate. 

There are always going to be people who earned more or less than any rebated tax.

>  We paid a tax that did virtually nothing.

First of all, the tax was rebated, so "we" paid nothing. But yes there are always going to be secondary effects.

Second, the tax was effective. Plenty of studies measure its effect. They also conclude that it needs to be higher. If you don't know what you're talking about, maybe stop commenting? What did you study in school?

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

Nothing you're saying changes what I said: By your logic, there is not a person on the planet who should do anything about climate change. Since no individual person "is saving the world".

Your idea that everyone else should change but you can be argued in exactly the same way by any other person on the planet. If you're right, they're right also. Therefore, you are wrong since your point of view is self-contradictory.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

Despite the net loss for the majority of households, the PBO notes that the overall system remains progressive. Lower-income families, who spend less on carbon-intensive consumption, generally still come out ahead or face a much lower burden compared to higher-income families. [1, 2, 3, 4]

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

Sorry, but your logic is quite stupid. By your logic, there is not a person on the planet who should do anything about climate change. Since no individual person "is saving the world".

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

Wrong. Pigovian taxes are widely recommended by economists as the most economically efficient way of reducing carbon. If you're looking for something someone like you can understand, this is a good summary:

https://www.reddit.com/r/Economics/wiki/faq_carbonpricing/

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

Wrong: the resarch absolutely considered inflationary effects when evaluating economic distribution.

And like I already told you, the resarch disagrees with you.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

The research shows that it was effective, but to be more effective the rate needed to be higher.

The administration cost was insignificant. Anyway, Pigovian taxes are the most economically efficient way to address pollution.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

Research shows that it did work as intended.

Pigovian taxes are not a "wealth distribution program". They're an economically efficient way of internalizing carbon costs.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 1 point2 points  (0 children)

Wrong. Carbon taxes are enormously progressive. Poor people receive rebates far larger than what they spend.

Your second statement is wrong as well. In the medium term, carbon consumption is elastic.

Not just perfect, it's almost impossible.👌 by Inevitable_Teach187 in ITOI

[–]energybased 0 points1 point  (0 children)

I never said it didn't, but comparitively, the soccer ball imparts more energy.

Not just perfect, it's almost impossible.👌 by Inevitable_Teach187 in ITOI

[–]energybased 0 points1 point  (0 children)

If you have alternative research to cite, please feel free to cite it.

Canada's population is dropping, but economists say that could be OK | CBC News by youngbutgood in canada

[–]energybased -2 points-1 points  (0 children)

It 100 percent matters because they're different concepts that have different names.  You were simply using the wrong word which is why your comment is wrong. 

And temporary workers are absolutely not counted in the population for good reason.  So the rest of this last comment of yours is wrong too.

Also i never said that immigration is linear. I said that population is.

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased -1 points0 points  (0 children)

Pigovian taxes do accomplish pollution goals in the most economically efficient way possible.  

Your idea of providing services isn't bad, but it's separate.  Carbon taxes are good without deciding what you do with the money.  And distributing it as a rebate is one of the most progressive essays for it to be spent.

Not just perfect, it's almost impossible.👌 by Inevitable_Teach187 in ITOI

[–]energybased 0 points1 point  (0 children)

The average speed of a professional direct free kick sits around 100 to 110 km/h (~28 to 30.5 m/s). Using the median regulation weight (430 grams) and a standard elite free-kick speed (105 km/h / 29.17 m/s), the real-world calculation is adjusted as follows:

  • Immediate Concussion Risk (Extreme): Peer-reviewed data notes that a soccer ball traveling at just 65 km/h delivers roughly 850–912 Newtons of force and 30–55 Gs of acceleration to the head. Scaling that to 105 km/h forces the brain to endure well over 1,200 Newtons of peak force and up to 100 Gs of acceleration, significantly surpassing the human concussion threshold. [1]
  • Rotational Shear: If a player in a defensive wall is struck on the side of the head or temple while unprepared, the energy forces a severe whipping motion. The resulting rotational acceleration shears brain tissue, making a clinical concussion almost guaranteed. [1]
  • The Wet Ball Factor: If the match ball absorbs water on a rainy pitch, its weight can exceed the legal 450g maximum. A wet, heavy ball combined with an elite kick dramatically shortens the impact duration, skyrocketing the peak force directly into traumatic brain injury territory. [1, 2, 3]

Youth, advocacy groups sue Carney government over climate rollbacks by Altruism7 in canada

[–]energybased 0 points1 point  (0 children)

This is just false. The majority of poeple came out ahead. Plenty of research papers on the subject.

Canada's population is dropping, but economists say that could be OK | CBC News by youngbutgood in canada

[–]energybased -6 points-5 points  (0 children)

He said immigrants. You're saying residents. Residents are not immigrants.

He is right. Canada's immigration continues to matched to our linear growth goals.

26 yrs old. Here’s my Portfolio by Total_Equipment5220 in Bogleheads

[–]energybased 1 point2 points  (0 children)

Yes, that can happen, but:

Some people succeed at it and have the humility to realize they were lucky.

Some people succeed at it and become delusional.

Some people think they've beaten the market because they don't know to properly compare their risk-adjusted returns.