Re:Exxon says world set to fail 2°C global warming cap by 2050
by quickthrower2 on Tuesday August 29, 2023 @07:56AM
(#37306389)
Not if the increased cost is due to tax
[ Parent
| on HN ]
Re:Exxon says world set to fail 2°C global warming cap by 2050
by DoughnutHole on Tuesday August 29, 2023 @08:10AM
(#37306527)
Exactly, fuel should be more expensive because the negative externalities of its consumption should be priced in.
The extra value extracted from pricing in those externalities should be directed by the state towards offsetting the damage, it shouldn’t just be pocketed by the companies causing the damage.