What do you call a market where enormously wealthy corporations degrade our climate -- and get tax subsidies? Good question. Hint: The answer is not “free.” Register NOW for the ASBC Sustainable Business & Advocacy Summit:
“Making Capitalism Work for All” — Dec. 10-11, 2019 in DC Dear John, ASBC has a longtime favorite saying: “If you’re not at the table, you’re on the menu.” That’s especially true of climate change. Our “free” market lets fossil fuel giants devour our future – and rewards them with tax subsidies. Redirecting energy subsidies to renewables is a sensible solution. As recently reported in The Guardian, “’Almost everywhere, renewables are so close to being competitive that [a 10-30% subsidy swap] tips the balance, and turns them from a technology that is slowly growing to one that is instantly the most viable and can replace really large amounts of generation,’ said Richard Bridle of the International Institute for Sustainable Development (IISD). “The question now is, can we transition quickly enough away from fuels like coal, and subsidy reform is a very obvious step towards that.”
https://www.theguardian.com/environment/2019/aug/01/fossil-fuel-subsidy-cash-pay-green-energy-transition So what’s the holdup? That’s a good question; one of many we’ll be exploring at the ASBC Summit, Dec. 10-11. On the key topic, “What Will It Take to Solve the Climate Crisis?” we’ll hear from provocative leaders like these: | |
