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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 382.87-0.8%Nov 13 4:00 PM EST

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To: TobagoJack who wrote (179937)11/4/2021 4:12:41 AM
From: Maurice Winn2 Recommendations

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3bar
Hoa Hao

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Oddly, I agree in part with Greta Thunberg = blah blah blah...

37 years ago, thinking about CO2 as a potential problem, I told my boss in BP Oil New Zealand that if CO2 turned out to be a problem, the way to fix it would be a carbon tax, offset with equal or larger tax cuts on computers, income taxes, with increases in pensions so that old people could, if they chose, still buy petrol and not be out of pocket. Many would of course keep the loot, sell the car, walk or bike to the shops, get a bus or share a ride.

Put big tariffs on imported things such as steel, cars, ships full of crude oil and other easily measured things. That would avoid transferring CO2 emissions elsewhere, punish bad countries, encourage local production and tax foreign countries rather than locals. A country is its borders and community of interest.

He shushed me as he fid NOT want our products taxed. I said, well, that's the answer if CO2 is a problem.

37 years later, I still think there is a vast net gain from fossil fuels, limestone mining for cement, and the CO2 that has been put in the air.

Sea level rise is zero compared with tsunami risks from earthquakes, volcanoes and bolides. Air temperature is so close to constant over 5000 years it doesn't matter about a tiny CO2 effect, if any.

Plants have gone crazy on the extra CO2. Irrigation needs are much less. Deserts are greening. Crops booming on free CO2 and less water needed.

The Glasgow jamboree is mad. A swarm of free-loading scientifically and economically illiterate self-dealing kleptocrats. More a religious festival than anything else. Shut up and give us your money is the main scientific finding. Religions like money, and lots of it.

Mqurice
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