833

U.N. chief calls for an end to $7 trillion in fossil fuel subsidies (www.cnbc.com)

submitted 1 year ago by alphacyberranger@lemmy.world to c/world@lemmy.world

29 comments fedilink hide all child comments

you are viewing a single comment's thread
view the rest of the comments

[-] kinther@lemmy.world 62 points 1 year ago

We absolutely should be ending subsidies on fossil fuels, the meat industry, and other polluters. This will cause a ripple effect on the cost of everyday items and the standard of living globally, so of course there will be those that say it can't be done. The problem is the game of musical chairs will eventually end, either when we're completely fucked or at a time of our choosing.

[-] grabyourmotherskeys@lemmy.world 22 points 1 year ago

Ask they have to do is scale back 1% the first year, 2% the next, etc. The second it looks like a long term investment won't pay off they'll stop making them. Then we'll see supply chain issues slowly increase which will force fleet vehicle purchases over to electric or hydrogen faster.

That will spread into the personal vehicle market.

Demand will reduce for IC vehicles and so on.

You don't need to make massive changes to have a big impact over time. The problem is every thinking this will get you shouted down by almost anyone with real money.

The thing to do is also incentivize them to invest in the new, growing opportunities but again they want too, but without giving anything up.

[-] Honytawk@lemmy.zip 2 points 1 year ago

Then ending subsidies would take 100 year, which is way too slow.

[-] odunke01@lemmy.world 4 points 1 year ago

1, 2, 3, 4, 5, 6, 7, 8, 9, 10 (after 10 years = 55%) 11, 12, 13 (91%) 14 years = 105% (Hey now they can start paying us /s)

Or is my math/understanding wrong?

load more comments (1 replies)

this post was submitted on 20 Sep 2023

833 points (99.6% liked)

World News

39112 readers

1011 users here now

A community for discussing events around the World

Rules:

Rule 1: posts have the following requirements:
- Post news articles only
- Video links are NOT articles and will be removed.
- Title must match the article headline
- Not United States Internal News
- Recent (Past 30 Days)
- Screenshots/links to other social media sites (Twitter/X/Facebook/Youtube/reddit, etc.) are explicitly forbidden, as are link shorteners.
Rule 2: Do not copy the entire article into your post. The key points in 1-2 paragraphs is allowed (even encouraged!), but large segments of articles posted in the body will result in the post being removed. If you have to stop and think "Is this fair use?", it probably isn't. Archive links, especially the ones created on link submission, are absolutely allowed but those that avoid paywalls are not.
Rule 3: Opinions articles, or Articles based on misinformation/propaganda may be removed. Sources that have a Low or Very Low factual reporting rating or MBFC Credibility Rating may be removed.
Rule 4: Posts or comments that are homophobic, transphobic, racist, sexist, anti-religious, or ableist will be removed. “Ironic” prejudice is just prejudiced.
Posts and comments must abide by the lemmy.world terms of service UPDATED AS OF 10/19
Rule 5: Keep it civil. It's OK to say the subject of an article is behaving like a (pejorative, pejorative). It's NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.

Similarly, if you see posts along these lines, do not engage. Report them, block them, and live a happier life than they do. We see too many slapfights that boil down to "Mom! He's bugging me!" and "I'm not touching you!" Going forward, slapfights will result in removed comments and temp bans to cool off.

Rule 6: Memes, spam, other low effort posting, reposts, misinformation, advocating violence, off-topic, trolling, offensive, regarding the moderators or meta in content may be removed at any time.
Rule 7: We didn't USED to need a rule about how many posts one could make in a day, then someone posted NINETEEN articles in a single day. Not comments, FULL ARTICLES. If you're posting more than say, 10 or so, consider going outside and touching grass. We reserve the right to limit over-posting so a single user does not dominate the front page.

We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.

All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.