According to Biden's BBB Plan, Buyers of Electric Vehicles Would Receive up to $12,500 in Tax Credits
by John Lawrence
So where is this incentive to buy electric vehicles now that gas (in CA) is about $6 a gallon? Now is the time when we need this subsidy, but, alas, the Democrats couldn't even stick together to pass this and other incentives and measures to get off fossil fuels. How about this as an incentive: preventing daily tornadoes in the heartland of the US? As extreme weather gets more extreme, Congress can't even pass programs to combat global warming and the consequent damage that's being done to people's lives and the economy in general. Not to mention the fact that major portions of the population will not be able to get property insurance which is happening right now and will only get worse. If you have a lot of brush around your house, you're an insurance liability. If you live in a flood plain, you're an insurance liability. We are told by people who know that we only have a few years to do something before we can expect catastrophic consequences from climate change and global warming. Yet we are taking our time getting off fossil fuels. There is even regret that we didn't go ahead with the Keystone pipeline.
The New York Times reported:
"In the coming decades, as global temperatures continue to rise, hundreds of millions of people could struggle against floods, deadly heat waves and water scarcity from severe drought, the report said. Mosquitoes carrying diseases like dengue and malaria will spread to new parts of the globe. Crop failures could become more widespread, putting families in places like Africa and Asia at far greater risk of hunger and malnutrition. People unable to adapt to the enormous environmental shifts will end up suffering unavoidable loss or fleeing their homes, creating dislocation on a global scale,[according to a recent UN report]."
We do know the things we need to be doing. It's just that we're not doing them or doing them at such a slow pace that we will still experience the worst effects of climate change. If you think the refugee problem is bad now, climate change will exacerbate and accelerate the refugee problem. People will be fleeing their homes and homelands when it becomes apparent that they can't make a living there. They will be coming to parts of the world where countries are wealthy enough to mitigate the worst effects of climate change. Basically, that means that people will flee poor countries and attempt at all costs to enter rich countries. That's why the US, as the richest country in the world, should be going full speed ahead to transition away from fossil fuels and into a new era that consists of renewable energy production and more environment friendly lifestyles. Instead, Americans are determined to lead lifestyles of maximum consumption right up to the hilt of their financial resources and beyond in a last gasp of over consumption.
Common Dreams reported:
In the wake of a United Nations report that activists said showed the "bleak and brutal truth" about the climate emergency, a leading economist on Friday highlighted a step that supporters argue could be incredibly effective at combating the global crisis: nationalizing the U.S. fossil fuel industry.
Writing for The American Prospect, Robert Pollin, an economics professor and co-director of the Political Economy Research Institute at the University of Massachusetts Amherst, noted the Intergovernmental Panel on Climate Change (IPCC) and high gas prices exacerbated by Russia's war on Ukraine.
"If we are finally going to start taking the IPCC's findings seriously," Pollin wrote, "it follows that we must begin advancing far more aggressive climate stabilization solutions than anything that has been undertaken thus far, both within the U.S. and globally. Within the U.S., such measures should include at least putting on the table the idea of nationalizing the U.S. fossil fuel industry."
Asserting that "at least in the U.S., the private oil companies stand as the single greatest obstacle to successfully implementing" a viable climate stabilization program, Pollin made the case that fossil fuel giants should not make any more money from wrecking the planet, nationalization would not be an unprecedented move in the United States, and doing so could help build clean energy infrastructure at the pace that scientists warn is necessary.
The expert proposed starting with "the federal government purchasing controlling ownership of at least the three dominant U.S. oil and gas corporations: ExxonMobil, Chevron, and ConocoPhillips."
"They are far larger and more powerful than all the U.S. coal companies combined, as well as all of the smaller U.S. oil and gas companies," he wrote. "The cost to the government to purchase majority ownership of these three oil giants would be about $420 billion at current stock market prices."
So for roughly half of the defense budget, the US taxpayers could own the oil industry and phase it out at the speed required to save the planet from the worst effects of global warming. Instead we're treated to the Big Oil CEO's defiance that they are not price gouging because prices are set by the world market. Does anyone question why prices have to be set by the world market? No. Obviously, the world market exists to serve the interests of the oil producers, not oil consumers. Maybe the US should get off the world market because we produce enough oil to meet all current consumer demands. So why do we even need the world market? The world market exists to serve the interests of the OPEC nations who won't even open their spigots in a time of crisis, and it exists to serve the interests of the western Big Oil corporations like ExxonMobil, Chevron and Shell.
Americans would like to have one more blast of consumption rather than buckle down and do what's necessary to combat climate change, an effort that would be at least as great as the effort and sacrifice put forth to fight World War II. Billionaire's would rather blast off into space than use their money to fight climate change. Their lifestyles are major contributors to the emission of greenhouse gasses. They don't want to be told that they can't overconsume with numerous 27,000 square foot mansions and a fleet of luxury cars. That's the American Dream, or is it. It's soon going to turn into the American Nightmare but probably not for them. They have the resources to escape the worst effects of global warming. Instead the nightmare will be mostly visited on the least among us as well as randomly due to tornadoes, floods and fires.
