Trump Order Shifts the Financial Burden of Climate Change Onto Individuals

Give them what they voted for – Good and Hard.

intercst

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Realistically, the consumer is the one that always pays. The oil drillers and auto manufacturers are only intermediaries, who add their compliance costs to the price we pay.

Steve

Having no social cost of carbon measure in essence asserts that there is no detrimental cost that comes with a warming planet, and that ultimately lowers the burden — or increases profits — for drillers like Exxon, Chevron and Shell as well as the auto industry, the plastics industry, the chemical industries and utilities that generate power.

… and presumably gives them a ‚competitive Edge‘ over non-US firms subject to those costs.

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Agreed. Board members and executives are all individuals, so the public can dump their pollution on the properties of those individuals. Promises made, promises kept (recycling the stuff back to the corporate leadership closes the loop).

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