Biden says global warming topping 1.5 degrees in the next 10 to 20 years is scarier than nuclear war
Biden says global warming topping 1.5 degrees in the next 10 to 20 years is scarier than nuclear war
In his comments in Hanoi, Biden talked about the importance of wealthier nations supporting less wealthy nations prepare and adapt to climate change.
What Biden has done is to cut the issuance of drilling leases to the minimum required by law, pass the Inflation Reduction Act, enact a regulation to force vehicle electrification, and similarly force fossil fuels out of most power plants.
What Biden has not done: stop issuing drilling permits or impose export restrictions on fossil fuels. The former has some serious limits because of how the courts treat the right to drill as a property right once you hold a drilling lease, and the latter is simply untested.
Biden literally just cancelled oil and gas leases less than a week ago. I agree he hasn't done enough, but there is some validity to the old statement that perfection is often the enemy of good.
Then finally start making the companies that make a win out of it pay more taxes!! Like, CO² taxes, import/export taxes.
https://en.wikipedia.org/wiki/List_of_largest_oil_and_gas_companies_by_revenue
I've got some bad news... We're already there.
Unfortunately, Russia (and SA) complicate the matter. Russia earns based on the price of oil and if the US stops producing it that price goes up along with it. The world still will buy Oil and Europe especially relies on US Oil at the moment as they ween themselves off Russia’s. Oil is the main economic driver of Russia, and you can’t combat that without producing MORE. SA’s also in the mix as they have no real other (major) economic sectors to support their country and they know Oil is going away. All of this plus Climate change leave no good options on the board to choose from at this moment except to promote and support green infrastructure…which Biden has done. It all sucks.
"Every problem in the world can be solved by giving the government even more money... now give me your money."
Never forget that when your economy collapses and your bonds become worthless, I'll be here laughing. Clock is ticking.
I'm already laughing at the explosion in real estate prices and inflation. Enjoy your fall with your fake alarmism. Who cares!
Let's burn some more fossil fuels!! Whoo hoo,!! I doubt developing countries will stop it as their reasoning is absolutely correct. Developed countries already polluted the environment during the industrial stage and now they are in better position so they shouldn't be the one lecturing about climate change. Only way to overcome this is by supporting each other financially but as we know human beings are greedy AF so let it burrrrnnnnnn!!