Increasing taxes on polluting activities and cutting fossil fuel subsidies could generate trillions of dollars to tackle climate change, an advisory panel to the COP28 talks in Dubai said.
Since the US will still want to promote domestic oil production for national security, maybe they can start taxing foreign oil more heavy rather than propping up domestic oil? That way they still get security, but oil prices also go up likely decreasing consumption.
Since the US will still want to promote domestic oil production for national security, maybe they can start taxing foreign oil more heavy rather than propping up domestic oil? That way they still get security, but oil prices also go up likely decreasing consumption.