I didn’t read it yet is it good lol punished-bernie punished-bernie punished-bernie

  • BynarsAreOk [none/use name]@hexbear.net
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    1 year ago

    Putting a coin sized hole in the head of the top 10% of US earners would do more to combat climate change than any reasonable let alone possible government agreement and cooperation between the US and anyone else period.

    I saw this new study going around, don’t know if someone else already posted here, I even thought about posting it myself but fucking doomerism preaching to the choir.

    Income-based U.S. household carbon footprints (1990–2019) offer new insights on emissions inequality and climate finance

    In 2019, fully 40% of total U.S. emissions were associated with income flows to the highest earning 10% of households. Among the highest earning 1% of households (whose income is linked to 15–17% of national emissions) investment holdings account for 38–43% of their emissions. Even when allowing for a considerable range of investment strategies, passive income accruing to this group is a major factor shaping the U.S. emissions distribution. Results suggest an alternative income or shareholder-based carbon tax, focused on investments, may have equity advantages over traditional consumer-facing cap-and-trade or carbon tax options and be a useful policy tool to encourage decarbonization while raising revenue for climate finance.

    I say holes, lots and lots of holes, until that happens fuck these sucdem lib shitters.

    • 420blazeit69 [he/him]@hexbear.net
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      1 year ago

      Putting a coin sized hole in the head of the top 10% of US earners would do more to combat climate change than any reasonable let alone possible government agreement and cooperation between the US and anyone else period.

      As cathartic as that would be, the exact opposite is true. If Jeff Bezos croaks today they don’t shut Amazon down, they just hire a new CEO and keep going. It’s the definition of a systemic problem.