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John Brian Shannon
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Power to the People!
Power to the People!

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Fossil Fuel Subsidies: Bad for Business?

In advance of the G20 Germany Summit in July 2017 investor groups that control $2.8 trillion in assets report that fossil fuel subsidies are counterproductive to G20 economies.

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Fossil Fuel Subsidies: Bad for Business?

"In advance of the G20 Germany Summit in July 2017 investor groups that control $2.8 trillion in assets report that fossil fuel subsidies are counterproductive to G20 economies."

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The whole world could look like this if we weren't spending trillions on military spending and wars because we don't know how to solve our man-made (political) problems.

"It has become appallingly obvious that our technology has exceeded our humanity." -- Albert Einstein
Keukenhof Gardens, near Amsterdam, Netherlands ...
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"A group of prominent Republicans brought a refreshing message to Washington on Wednesday: Climate change is a threat that deserves serious attention, and the GOP should embrace smart ways of dealing with it.

"What sorts of ways? The group — which calls itself the Climate Leadership Council and includes two former secretaries of state, James Baker III and George Shultz; two former chairmen of the Council of Economic Advisers, Martin Feldstein and N. Gregory Mankiw; and former Treasury Secretary Henry Paulson Jr. — has a carbon emissions-reduction plan ready to go. And it is excellent.

"Instead of indulging in the fiction that carbon emissions will take care of themselves with minimal government intervention, these veteran Republican hands endorsed what economists insist is the best approach to dealing with the sprawling carbon emissions issue: a carbon tax. Put a price on the pollution, and businesses and consumers will change their behavior in thousands of ways that government regulators would not have predicted and could not have compelled.
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