Posted on 08/09/2021 12:25:03 AM PDT by blueplum
Aug 6 (Reuters) - Exxon Mobil Corp (XOM.N) was suspended from advocacy group Climate Leadership Council (CLC) that looks to make policies to address climate change, the CLC said on Friday.
Exxon was a founding member of the group ....
The non-profit organization World Resources Institute (WRI), a CLC member, said Exxon was not aligned with the council's push to put a price on carbon as a key response to the climate crisis.
"We welcome CLC's separation from Exxon," the institute's CEO, Ani Dasgupta, said in a note, while calling on companies to support a price on carbon in any future legislation that advances in Congress...
(Excerpt) Read more at reuters.com ...
And have any of these 'world' agencies set limits on China, Vietnam, etc ?
The emerging scheme would impose escalating trade tariffs on countries that did not sign on to the global carbon tax protocol. Some of the proceeds would be used for habitat preservation and poverty reduction in Third World countries. Most econmists prefer a global carbon tax scheme to a command and control regulatory apparatus.
Poverty reduction in 3rd World Countries. When you subsidize poverty you get more of it. Teach them to grow money crops instead of subsistence farming. Legal money crops. Water wells for clean water. Proper sanitation and education for clean living. And a stable government to protect the peasants from drug gangs. Heck, in 3rd World governments the drug gangs are the government. Giving them money for poverty reduction is like giving money to Al Capone.
All too true. I described the global carbon tax plan. I did not mean to imply any form of approval.
All levels of civilized society above the level of tribes or clans rely on the division of labor and the exchange of produced goods in trade to maintain the benefits of organized exercise of allocation and distribution to individuals living in larger and larger groups. Interrupt this division of labor, or the free exchange of goods and services for some short-term objective unrelated to market forces, and the façade of prosperity quickly fades.
SHADDAP AN DRILL BABY DRILL!
“The emerging scheme would impose escalating trade tariffs on countries that did not sign on to the global carbon tax protocol.”
And just HOW do they expect to get China to play ball? They’ve never gone beyond lip service in the past.
Jesus is coming back soon.
With Communism you get shot or eliminated once your usefulness in gaining power is no longer required. It’s been this way throughout history.
Hoping the monster you create will eat you last never works too well...
The broader point is that in spite of claims to the contrary, the Left simply does not want prosperity for the Third World or for the mass of people anywhere. They want wealth to be accumulated and apportioned out by the state, which they will run. Or, if they cannot run the state, poverty and lack of opportunity will provide a ready basis for a Marxist revolution.
In the view of the carbon tax crowd, China can eventually be made to agree to the scheme by the threat of tariffs and other sanctions.
See my reply at #12, second paragraph.
“In the view of the carbon tax crowd, China can eventually be made to agree to the scheme by the threat of tariffs and other sanctions.”
LOL, not with their economic power.
Fantastical thinking is common to the Left.
“An appeaser is one who feeds a crocodile—hoping it will eat him last.” Sir Winston Churchill
IMHO, Exxon needs to redirect its climate “donations” to REAL climate scientists — and stop funding so many self-righteous greedy fraudsters!
IMHO, Exxon needs to redirect its climate “donations” to REAL climate scientists — and stop funding so many self-righteous greedy fraudsters!
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