-
@ Volker
2025-05-17 20:50:22
OK, try actually reading it and understanding it, rather than quoting arbitrary numbers out of context. Eg, the $6tn includes "cost of damage due to global heating" so certainly isn't a subsidy. World economy is extremely complex, and it isn't helpful to try to attack simplified models. We cannot "make everyone pay for externalities and then use that money to reduce CO2 emissions". It would actually increase the emissions by a lot, because the few centralized actors that collect the money and spend it, will not act within a competitive market and hence, will not allocate the money efficiently. Result of inefficiency is, by definition, more energy consumed per output.
Also: don't believe the fiat-driven guardian nor the fiat-driven world bank. Both are highly corrupt, and mostly incompetent, orgs.