We should price in the externality where it is caused. I don't think raising a child emits any CO2 by itself.
If we price in the emissions where they happen it will be priced in for all consumers of the products that cause them.
If we price in the emissions where they happen it will be priced in for all consumers of the products that cause them.
- all the meat and diary your child is going to consume in those 18 years
- all diapers that are going to be produced and disposed.
- all methane and CO2 you child produced on an a daily basis for those 18 years (exhaling, digesting/pooping/farting)
- concrete used for building this extra room for your child
...
just to name a few.