What do you think about Exxon Mobil's recent call for a carbon tax?

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what do you think of this article?


"Oil giant comes in from the cold

Exxon funded global warming denial for years. Yesterday, in an astonishing U-turn, it called for the imposition of green taxes."

http://www.independent.co.uk/news/world/americas/oil-giant-comes-in-from-the-cold-1297558.html


will this put the final nail in the coffin of the denial industry?



i love this bit;

"A "cap and trade" system sets limits on carbon output and allows polluters to buy permits from companies which reduce their own emissions. The nascent system established in Europe was failing to lead to the reductions its proponents expected, Mr Tillerson said, and its extension into the US would create "a new Wall Street" of brokers and speculators who would make long-term planning impossible.

By backing a carbon tax, the Exxon chairman has put himself in the unusual company of the former US vice-president Al Gore and Mr Obama's designated head of the National Economic Council, Larry Summers."


i never thought i would say this, but i agree with the oil man. (looks about for couch to faint onto), a carbon tax would be preferable to continuing the failed cap'n'trade system.
mike, i think you have it. i think my fish-o-meter went on the blink for a while there.

still good news, they will all fall like a house of cards now.

dana, we will have to agree to disagree on that one. either would be vastly preferable to business as usual.
 
It's easier to make YOU pay the tax than have them pay the tax. That's all.

They figure that since industry-hating socialists have now been put in charge, they'll survive until sanity happens by taxing you instead of them.

If I were in complete control of the oil companies, I'd just go on strike for ONE day and let everyone know how evil I was.
 
So who do you think has been funding the pro agw media blitz for the last 20 years?
 
I believe that Exxonmobil see themselves as being able to afford it where other smaller oil companies won't eventually giving them an even bigger market share. They will be able to undercut smaller operators by absorbing the cost of the credits where the smaller ones will be forced to pass them on to the consumer.

Unfortunately the greedy consumers won't really care as long as they get cheap fuel to put in their "never get off road" gas guzzling suburban assault vehicles.

They will continue to fund the denier camp as it fits in with their long term bigger picture plan.
 
It sounds too good to be true, their track record leaves me with a great deal of suspicion. Do I sense a major case of green washing here?
 
Think! who's charged for cap and trade, it has to be transparent. The carbon tax will be passed along to you easier than a cap&trade fee.
Be happy, which ever it is you'll be paying for it.
 
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