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re: Op/Ed by U of CA Professor: Expect financial fallout when the fossil fuel bubble bursts

Posted on 4/16/24 at 3:24 pm to
Posted by Tigris
Mexican Home
Member since Jul 2005
12392 posts
Posted on 4/16/24 at 3:24 pm to
quote:

restabilize the climate and financial systems before it’s too late


Top grade fear mongering there. The truth is that all of the efforts to subsidize conversion from hydrocarbons to "green" energy are a major driving force in inflation. I retired rather than work on idiotic carbon reduction schemes. At the same time my former employer is licking their chops at all the money they can make since the governments opened up the money spigot for carbon reduction. Idiocy. And the idea that climate change initiatives will stabilize the markets is the exact opposite of the truth.
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