LauraB

Yes, of course companies need to make a profit. But let's not forget i) the subsidies that the fossil fuel companies receive in the US - e.g. $757 billion in 2022- and ii) the massive profits they make - e.g. $2.6 trillion in 2023, which was a decrease from 2022, when the industry made re…

In 2022, fossil fuels subsidies in the USA totaled $757 billion. This includes $3 billion in explicit subsidies and $754 billion in implicit subsidies, which are costs like negative health impacts and environmental degradation that are borne by society at large rather than producers.

Ah, the stalwart Mr. Y, always trotting out the old tired and irrelevant arguments. Don’t you have anything better to do with your life?

Mr Y,

1. Here are the 2021 stats for the world's biggest carbon polluters:

China generated around 30% of all global emissions, while the United States was responsible for almost 14%. In the ranking below you can find the 10 countries that produce the most emissions, measured i…

Mr. Van Ulden, I am no expert on how these many other countries have implemented a price on carbon and how well their schemes work, and it seems you are no expert either. I was simply pointing out to Mr. Y that he was incorrect in saying that the US would be alone if it introduced a price…

Mr. Ulden, how about the burden on the tax payer of the tens of billions a year we spend subsidizing new fossil fuel exploration, production and consumption?

Mr. Y is incorrect in implying that the US (I assume that is what he means by "America") would be alone in putting a price on carbon. Many countries, including most of our large trading partners, have instituted some form of national carbon pricing. The countries that already put a price …

I don't know where you, Mr. Y, get your information from, but the last time CO2 levels were as high as they are today was in the Pliocene, about 3 to 5 millions years ago.