“Taxing big fossil fuel firms ‘could raise $900bn in climate finance by 2030’” https://www.theguardian.com/environment/2024/apr/29/taxing-big-fossil-fuel-firms-raise-billions-climate-finance
@therightarticle
We could start by not giving the fossil fuel industry $420 billion in subsidies.
@Naich @therightarticle Won't happen. They own the legislators that write the checks, so to speak. Big oil also has treaties with most countries preventing them from doing anything that interferes with their business lest they encounter penalties greater than the net worth of their country. They've had these treaties for a hundred years.
@shuttersparks @Naich @therightarticle
There has been some progress there: "EU withdrawal from the Energy
Charter Treaty" https://www.europarl.europa.eu/RegData/etudes/BRIE/2023/754632/EPRS_BRI(2023)754632_EN.pdf
Here the withdrawal is explained from a fossil investor's point of view: https://www.taylorwessing.com/en/insights-and-events/insights/2024/03/uk-announces-withdrawal-from-energy-charter-treaty
@schuga @Naich @therightarticle Good to hear. This must be challenging. I'm sure the oil cartels will fight.
The things we could be doing.
Solar on every roof, car parking lot [oh that's hilarious, I started with the Irish version and switched in the middle to American], and solar covers on every canal, and (protected!) bike lane.
Did you know that there is a house-sized wind power generator?
But, no, our governments continue to commit us to suicide, for the campaign donations.
@Edelruth @Naich @therightarticle I've looked at domestic wind and can't see that it's terribly useful, just because of physics - there isn't that much wind low down, and going high up is difficult and expensive, and you can do better for less money on the same site with solar.