4 ms·
This is totally how I feel, and it's even worse than that - we're still subsidizing fossil fuels, so we're not only NOT taxing the pollution, we're actually hel
by joshgrib 5y ago
This is totally how I feel, and it's even worse than that - we're still subsidizing fossil fuels, so we're not only NOT taxing the pollution, we're actually helping to make it cheaper for companies to do. I think step 1 should be stopping all the subsidies.
I haven't actually seen the numbers before but this is pretty absurd:
https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Global-Fossil-Fuel-Subsidies-Remain-Large-An-Update-Based-on-Country-Level-Estimates-46509 https://www.imf.org/en/Publications/WP/Issues/2019/05/02/Glo...
> Globally, subsidies remained large at $4.7 trillion (6.3 percent of global GDP) in 2015 and are projected at $5.2 trillion (6.5 percent of GDP) in 2017
> coal and petroleum together account for 85 percent of global subsidies
- admax88qqq 5y agoAbsolutely insane. And people sometimes argue that renewables are only viable due to subsidies.