‘Under no circumstances’: John Kerry rules out U.S. paying climate reparations to low-income countries
https://www.cnbc.com/2023/07/14/climate-kerry-rules-out-us-paying-reparations-to-low-income-nations.htmlOpen linkView original on slrpnk.netSyndicated from the fediverse. Read and engage on the original instance.
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16 replies
That mostly results in US goods being more expensive, making (checks notes) the totally carbon neutral goods from China more affordable.
Not if we enact a broad carbon tax 🤗
If you look at carbon intensity of GDP, the US is actually below global average and Europe especially western Europe is at about half of it. https://ourworldindata.org/grapher/co2-intensity
That obviously makes it a bad tool to pay for carbon debt, as it hurts poorer countries.
A just global carbon taxation system would need to take into account historical emissions.
I would just go for a carbon tax, without historic emissions and a wealth tax to hit the people who are actually benefiting from historic emissions. Thats propably about as fair as it gets.
Nonsense. Tax systems do not care about "value", they care about revenue. Of which billionaires have lots and lots, all while generating massively negative value for the world.
What am I supposed to see?
Don't global warming me to death, bro!
Who? Never heard of John Kerry before.