Quote:
Originally Posted by InglewoodFan
I went to an IEA international conference on CO2 capture 10 years ago, and the comment from one of the speakers that stuck with me was "cars vote, power plants don't". It would be political suicide to try to curb emissions from cars, although a carbon tax does make some headway to doing so if it makes filling up painful enough.
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... by extension, if I may reword to some degree, the world needs more of a consumption based tax rather than a supplier based penalty. USA currently needs hydrocarbon based energy and they vast majority of them don't care where it comes from, as long as it's meets the pricing metric and availability. Politically if they can make a particular supplier (ie: country or company) look like a bad boogeyman then that helps justify the ends. Such as having U.S. celebrities dish out opinions of Canadian oil recovery technologies yet quite probable they've never visited domestic or international oil/gas fields, nor have much or any idea about respective ESG.