BartW
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Oil bosses to meet in latest climate change offensive
Too bad our politicians are still too hung up on denialist talking points to have serious discussions on, say, the merits of cap-and-trade vs a carbon tax or what to do with the revenue. Instead, America gets more centralized bureaucracy in Obamas EPA regulations while communist China adopts a market-based policy (invented in America by conservatives)!
Wow, whod a thunk the worlds most notorious climate obstructionist advocates the same policy I do.The leaders of eight of the world's top oil companies will meet in Paris next week to explain how they will help combat climate change, as part of an offensive ahead of a U.N. summit later this year.
The Oct. 16 meeting will be followed by a press conference, where the company heads are also expected to renew their call for a global carbon pricing mechanism, the chief executive of French oil major Total, Patrick Pouyanne, said on Wednesday at a conference in London.
Earlier this year BG Group, BP, Eni, Royal Dutch Shell, Statoil and Total wrote to U.N. climate chief Christiana Figueres, urging governments around the world to introduce a pricing system for carbon emissions.
Exxon Mobil and Chevron, the two largest U.S. oil companies, did not take part in the letter. Exxon chief Rex Tillerson on Wednesday called for a revenue-neutral global carbon tax that would differ in each country.
"We believe the risks posed by climate change are serious. We also believe by taking sound and wise action now we can better mitigate those risks," Tillerson said at the conference.
"We have held the view that a revenue-neutral carbon tax is the best option. The revenue-neutral carbon tax could be a workable policy framework for countries around the world. They can tailor it to their own economic conditions."
Too bad our politicians are still too hung up on denialist talking points to have serious discussions on, say, the merits of cap-and-trade vs a carbon tax or what to do with the revenue. Instead, America gets more centralized bureaucracy in Obamas EPA regulations while communist China adopts a market-based policy (invented in America by conservatives)!
