this post was submitted on 20 Nov 2023
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[–] [email protected] 59 points 10 months ago (4 children)

Through the corporations they own, billionaires emit a million times more carbon than the average person. They tend to favour investments in heavily polluting industries, like fossil fuels.

This is not a billionaire's climate emissions.

[–] [email protected] 42 points 10 months ago (2 children)

If the car I own tallies onto my carbon footprint, surely the corporations owned by the billionaires enjoy the same designation.

They're no different because of what they own.

[–] [email protected] 5 points 10 months ago (2 children)

You would have to take a look at who the stakeholders are at each company. Corporate "ownership" isn't the same as sole proprietorship.

[–] [email protected] 7 points 10 months ago

Did you read the article at all?

[–] [email protected] 4 points 10 months ago

They all get to enjoy the responsibility (as they all shared the benefits).

[–] [email protected] -2 points 10 months ago (4 children)

If you lend your car to your cousin for a cross- country road trip, does your cousin's road trip count as his emissions, yours, or should it be double counted?

Similarly, my 401k has an S&P 500 fund in it, which contains some fossil fuel stocks. Does my carbon footprint go up every month by whatever fraction of a percent of Exxon my retirement fund buys each month?

When you eat a steak, whose emissions are the methane the cow burped? Yours? The ranchers? Cargills? Walmart's?

Honestly, consumption-based accounting makes way more sense to me.

[–] [email protected] 4 points 10 months ago* (last edited 10 months ago)

Double count that shit. We're not going to get out of this hole if we split hairs semantically.

Triple count it if you have a fleet of vehicles over 10.

Double count it for dual axles and ANY truck driving while not hauling a load greater than a passenger vehicle is capable of moving.

[–] [email protected] 3 points 10 months ago

Consumption accounting is impossible when the only options available to the consumer fuck them over completely.

Cheap subsidized beef means I'm going to buy it to feed my family.

Cheap subsidized gas means I can keep polluting with little cost.

CAFE laws making vehicles fucking gigantic make it impossible to consume less fuel.

Companies and laws dictate our consumption not the other way around. Tax or kill the wealthy, then we can talk.

[–] [email protected] 2 points 10 months ago

It should be double counted since we need to do something about it. Cousin could pay the carbon tax on gas for usage, and owner could pay a carbon tax for milage usage at the end of the year.

I'm aware that this is a non-starter, but it would be a good start for getting overall emissions down. The billionaires should also pay a carbon tax above and beyond what the corporations pay, as a double incentive to stop polluting the planet for profit. Take away the profit, and companies will change.

[–] [email protected] 1 points 10 months ago (1 children)

Going to disagree with pure consumption based accounting.

Think there needs to be something about decision influence basis, otherwise the companies won't have pressure to change as the "bill" is accounted for elsewhere

[–] [email protected] 2 points 10 months ago

This kind of accounting is about generating clicks, ultimately.

We know the actual fixes for this.

Cap and trade fixed acid rain. Pigouvian taxes like a carbon tax work. Even a revenue-neutral carbon tax and dividend where you split the taxed money evenly among everyone works; it literally pays people to not pollute.

The Green New Deal is a fix.

Novel accounting schemes that generate headlines like this are explicitly not a fix because literally all they do is generate bad publicity for billionaires and ad revenue for the paper. There's nothing real here.

[–] [email protected] 4 points 10 months ago (2 children)

Yeah - at best they are morally responsible for not choosing to invest in something else but in the end as long as there's capitalism and people are creating demand for whatever polluting thing they procude someone else will step in

The Demand has to be slashed by making those products less profitable if the general public is not acting in their own interest because polluting is cheaper and more comfortable

Especially if people are just going directly to "eat the rich" after articles like this I really wonder what they think will happen if the oil-production is stopped completely from one day to the next? And that even assumes that noone will step up to continue the production - what if the state takes over the oil-company and spreads the emissions evenly among every citizen - would that solve the problem of climate change in their minds?

[–] [email protected] 4 points 10 months ago* (last edited 10 months ago) (1 children)

capitalism and people are creating demand for whatever polluting thing they procude someone else will step in

Capitalism is not why people like electricity, food, and entertainment. All of those things predate capitalism. The USSR contributed to climate change.

Anyone trying to make climate change a leftist issue is a moron. Every economic policy would contribute to climate change becaus every economic policy needs to guarantee heat, food, transport, etc.

[–] [email protected] 3 points 10 months ago (1 children)

I think there’s one big difference here: the capital holding class has fought tooth and nail against making solutions viable. They’ve pushed pro fossil fuel propaganda into everything from our commutes to schools. They’ve fought against acknowledgement of the realities of climate change and done nothing to try to move towards a more sustainable future, instead choosing to invest in lobbying against solutions to reduce demand such as carbon taxes, reduction of oil subsidies, increases in clean energy subsidies, and mass transit.

[–] [email protected] 4 points 10 months ago

But it does make a title that gets clicks.

[–] [email protected] -5 points 10 months ago

This is not a billionaire’s climate emissions.

Yes. It is.