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Big oil WANTS carbon tax as this would create predictability and stability albeit at a cost. What big oil doesn't want is unpredictable policy - policy that Was
by woogiewonka 10y ago
Big oil WANTS carbon tax as this would create predictability and stability albeit at a cost. What big oil doesn't want is unpredictable policy - policy that Washington think tanks want to put in place. Right wingers are terrified of progressive policies and this Pielkle fella is not doing the world any favors by advocating for useless policies such as a carbon tax. He may have good intentions and may be factually correct in his observations about lack of clear evidence but this doesn't change the fact that his work is being used to hinder climate progress.
- surfmike 10y agoWhat's wrong with wanting predictability and stability? Right now oil companies have little incentive to invest in alternate energy given the costs, and a carbon tax would change the cost structure for the future and give them a direct financial incentive to transition to non-carbon energy sources. Re: carbon tax being useless, how so? Of course the level of the carbon tax matters too, but it doesn't make sense that directly taxing something wouldn't reduce the amount of it.