> I was talking about the deductions for positive externalities of fossile fuel.
There have been State incentives for at least two decades to buy new cars that produced less emissions on fossil fuels.
Fossil fuel industry benefitted of enormous deductions for over a century for their contribution to the industrial revolutions.
For example they never pay for the disasters they create [0][1].
[0] The oil spill of the Exxon Valdez in 1989 only costed $ 125 million to Exxon https://www.justice.gov/opa/pr/united-states-and-state-alask...
[1] even when they paid a just fine (like the 60 billion BP paid for the spill in the Gulf of Mexico) it's peanuts compared to the environmental damages that the future generations will inherit (the mangroves still carry the damages from the Ixtoc spill of 1979, 40 years later)
Ixtoc soiled hundreds of miles of beaches, all the way to Texas. The fishermen also said that oysters that used to be found clinging to the mangrove roots seemed to have vanished after the spill and never returned.