Home Stock Market Greta Thunberg on US removal of fossil fuel crutches: 'I don't believe...

Greta Thunberg on US removal of fossil fuel crutches: ‘I don’t believe you will really do this’



‘We young people are the ones who will write about you in history … so my advice for you is to choose wisely.’


– Greta Thunberg

If progressive US lawmakers had expected encouragement from influential climate activist, 18-year-old Greta Thunberg, she wouldn’t have done this Earth Day.

Thunberg has been called upon to deal with a virtually a subcommittee of the House of Representatives, chaired by the majority Democrats, considering ending fossil fuel subsidies. Her appearance – on a stage that is supposed to be much smaller considering past trips to Person of the Year including the United Nations – confront the 40-nation climate summit led by President Biden also takes place on Thursday.

Read: Biden is committed to cutting US greenhouse gases by 50% by 2030 – with major implications for the oil and gas industry

Thunberg wasted a few words by stressing that old thinking must go.

“The simple and frustrating fact is that if we live up to our promises and commitments in Paris, we must end fossil fuel subsidies… now,” she said. America to re-join the voluntary Paris agreement in February, after former President Donald Trump withdrew, citing heavy emissions from China, India and Brazil.

Read: Young people worry that having a baby is ‘morally wrong’, Earth Day research shows

“I don’t believe for a second that you will actually do this,” Thunberg told lawmakers of the House Supervisory Commission’s environment subcommittee.

“You still have time to do the right thing and preserve your legacy, but that time won’t last,” she added. “We young people are the ones who will write about you in history … so my advice for you is to choose wisely.”

Exactly how much the oil and gas industry receives will vary depending on who makes the argument, with some analysts arguing the damage caused by pollution the government includes the bill in the total energy sector.

Estimates range from around $ 20 billion to the most 650 billion dollars a year, the larger figure comes from the International Monetary Fund. In 2018, the total revenue of the US oil and gas industry reached about 181 billion USD.

California Rep. Ro Khanna, who heads the subcommittee, wants faster action from Biden to end fossil fuel subsidies as part of the US infrastructure rebuilding plan.

Read: Here are the biggest risks to oil’s rally

Biden said “I don’t think the federal government should give Big Oil.” Only recently have the prices of wind and solar power, ahead of tax credits and other reductions, become more competitive than traditional energy alternatives.
CL00,
-0.13%
.

“We appreciate President Biden’s decision to end fossil fuel subsidies. But the details matter, ”Khanna said in a statement made before the hearing. “Exactly four months since the implementation of this administration, the progressive developers are looking for concrete and concrete commitments from the administration to follow on their own platforms.”

Read: Greta Thunberg’s joke tweeted worried about a smaller penis will eventually get more climate movement participants

Meanwhile, Biden’s Earth Day gathering features another teenager anxious, wary of the future of the planet in the hands of older leaders.

Mexico’s Xiye Bastida, who joined the Friday school-waiting campaign for the Future of Thunberg, told world leaders that the climate crisis is the result of powerful people like them who are “Upholding and sustaining harmful systems of colonialism, oppression, capitalism and market-oriented brainwashing solutions ″ For global problems.

Read: Apple, Google and Coca-Cola among more than 400 companies that support Biden in cutting 50% of emissions as soon as 2030

RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Recent Comments