A Climate Fix That Stephen Hawking and Exxon Both Support
A new group of industry heavyweights, including oil majors Total, ExxonMobil, Royal Dutch Shell and BP, have voiced their support for a Republican-led carbon tax and dividend plan. Individual founding members include, Michael Bloomberg, Stephen Hawking and Steven Chu.
Supporters include companies like Johnson & Johnson and General Motors and NGOs like the Nature Conservancy.
The plan is made up of four parts. As Bloomberg writes:
- A carbon tax on fossil-fuel combustion lets energy prices reflect the damage done to the climate from carbon dioxide emissions.
- Money raised by the levy is refunded monthly to taxpayers—turning distant climate benefits into immediate cash.
- A border tax on goods from countries without a carbon tax ensures that U.S. companies remain competitive.
- Finally, the U.S. safely rolls back climate regulations.
The council presented its plan, coauthored by several GOP senior statesmen, to Trump's economic adviser Gary Cohn in February.
Groups Slam #Exxon for Deceptive Support of #CarbonTax https://t.co/lWIHoXdVMe @greenpeaceusa @350 @foodandwater @Agent350 @billmckibben— EcoWatch (@EcoWatch)1497981036.0
For a deeper dive:
To save the planet, we must save the Amazon rainforest. To save the rainforest, we must save its indigenous peoples. And to do that, we must demarcate their land.
A new EarthxTV film special calls for the protection of the Amazon rainforest and the indigenous people that call it home. EarthxTV.org
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EcoWatch Daily Newsletter
By Anke Rasper
"Today's interim report from the UNFCCC is a red alert for our planet," said UN Secretary General Antonio Guterres.
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India's New Delhi has been called the "world air pollution capital" for its high concentrations of particulate matter that make it harder for its residents to breathe and see. But one thing has puzzled scientists, according to The Guardian. Why does New Delhi see more blinding smogs than other polluted Asian cities, such as Beijing?
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In a historic move, the Delaware River Basin Commission (DRBC) voted Thursday to ban hydraulic fracking in the region. The ban was supported by all four basin states — New Jersey, Delaware, Pennsylvania and New York — putting a permanent end to hydraulic fracking for natural gas along the 13,539-square-mile basin, The Philadelphia Inquirer reported.
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Colombia is one of the world's largest producers of coffee, and yet also one of the most economically disadvantaged. According to research by the national statistic center DANE, 35% of the population in Columbia lives in monetary poverty, compared to an estimated 11% in the U.S., according to census data. This has led to a housing insecurity issue throughout the country, one which construction company Woodpecker is working hard to solve.
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