Earlier quoted context omitted.
Or sell those assets now before they depreciate: divest from fossil fuel and invest in in sustainable energy.
Sell them to who?
Just 10% of fossil fuel subsidy cash 'could pay for green transition'
21–25 of 25 posts
Re: Just 10% of fossil fuel subsidy cash 'could pay for green transition'
#22Earlier quoted context omitted.
Lots of high-paying jobs would immediately be eliminated. Millions of people driving gas cars would see prices go up a lot. Airline tickets, plastic products... the prices of everything would go up. There would also be big national security concerns. It's hard to hold, for example, Saudi Arabia accountable for misdeeds when your economy depends on them. For the record, I think the US should do this gradually. Some of…
Let's not forget all the senior citizens who rely on income from investments in fossil fuel companies, this includes most of the parents of the under 45 who like to say, "screw the oil companies"
Re: Just 10% of fossil fuel subsidy cash 'could pay for green transition'
#23Re: Just 10% of fossil fuel subsidy cash 'could pay for green transition'
#24Earlier quoted context omitted.
Let's not forget all the senior citizens who rely on income from investments in fossil fuel companies, this includes most of the parents of the under 45 who like to say, "screw the oil companies"
They can literally put in a sell order at any time
Re: Just 10% of fossil fuel subsidy cash 'could pay for green transition'
#25Earlier quoted context omitted.
over 50% of society would die of starvation?
Due to crop losses from dying pollinators, pest increases, crops producing unviable pollen, and stagnant plant growth?