2 ms·
We have seen 20 years of complete inaction precisely because of this “let the market handle it” nonsense. In 2012 Europe was all in on some cap-and-trade scheme
by runarberg 1mo ago
We have seen 20 years of complete inaction precisely because of this “let the market handle it” nonsense. In 2012 Europe was all in on some cap-and-trade scheme that everybody knew was never going to work, everybody told them it was never gonna work, and it turns out it didn’t work. The markets are still not responding to this catastrophe even today, as we should be at absolute zero and we are not even at net zero.
The markets have failed everybody, and politicians who believed in the markets were wrong, and should be in jail now for criminal negligence.