For the past 10 years or so, most climate change activity was, in a large part, a massive subsidy for oligarchs.
For those actually interested in stopping emissions, we know that carbon pricing is efficient and actually raises tax revenue instead of taking government money.
It could have even been introduced slowly enough to allow private capital to efficiently transition without subsidies. And by transferring the proceeds to the public as tax rebates, the public would not be poorer and most would even be richer.
Instead, we got massive tax subsidies for oligarchs. Sure, some of those subsidies were relatively efficient. But in the end, they still saddled the public with debt in order to enrich the few.
So no, I am not surprised that they were faking it all along. It was obvious from the start.
Correct, because Congress is corrupt and is eager to saddle the next generation of Americans with an absolute humongous debt load of $36 trillion in order to pay off their corporate sponsors and lobby groups.
For the past 10 years or so, most climate change activity was, in a large part, a massive subsidy for oligarchs.
For those actually interested in stopping emissions, we know that carbon pricing is efficient and actually raises tax revenue instead of taking government money.
It could have even been introduced slowly enough to allow private capital to efficiently transition without subsidies. And by transferring the proceeds to the public as tax rebates, the public would not be poorer and most would even be richer.
Instead, we got massive tax subsidies for oligarchs. Sure, some of those subsidies were relatively efficient. But in the end, they still saddled the public with debt in order to enrich the few.
So no, I am not surprised that they were faking it all along. It was obvious from the start.
We never had the support in congress to pass carbon pricing, which is why the Inflation Reduction Act was structured the way it was.
Correct, because Congress is corrupt and is eager to saddle the next generation of Americans with an absolute humongous debt load of $36 trillion in order to pay off their corporate sponsors and lobby groups.