L
littlerobbergirl
Guest
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.
"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.