[MCN] 28 Years Ago, Big Oil Predicted It Would Take A High Price On Carbon To Stop Warming

[Lance Olsen]

Exxon backs a small carbon tax, knows only a big one will save the climate <https://news.google.com/articles/CBMiVWh0dHBzOi8vd3d3LmNsaW1hdGVsaWFiaWxpdHluZXdzLm9yZy8yMDE5LzEyLzAzL2V4eG9uLWNhcmJvbi10YXgtaW1wZXJpYWwtb2lsLWNhbmFkYS_SAQA?hl=en-US&gl=US&ceid=US%3Aen>
Newly discovered documents show Exxon understood decades ago a strong carbon tax was needed to slow climate change, but chose to highlight uncertainty.

Climate Liability News
2 days ago

28 Years Ago, Big Oil Predicted It Would Take A High Price On Carbon To Stop Warming <https://news.google.com/articles/CAIiEA1yJ-K_NKEolTgoxegy0h4qFQgEKg0IACoGCAowxYgCMIBNMOGXAg?hl=en-US&gl=US&ceid=US%3Aen>
As far back as 1991, the Canadian arm of Exxon Mobil Corp.'s empire anticipated that a high tax on carbon emissions would be necessary to maintain a stable …

HuffPost <https://news.google.com/publications/CAAqBggKMMWIAjCATQ?hl=en-US&gl=US&ceid=US%3Aen>
2 days ago
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Elizabeth Kolbert: " And I think the point that Bill has made, and I agree with it, is maybe we can avoid the worst possible future. But I don’t think at this point we can avoid a lot, a lot, a lot of damage.”

Bill McKibben: “Look, Betsy’s right. So we’re not playing for stopping climate change. We’re playing maybe for being able to slow it down to the point where it doesn’t make civilizations impossible. That’s an open question. There are scientists who tell you we’re already past that point. The consensus, at least for the moment, is that we’ve got a narrow and closing window, but that if we move with everything we have, then, perhaps, we’ll be able to squeeze a fair amount of our legacy through it. But Betsy is right, an already very difficult century is going to become a lot harder no matter what we do. It’s at this point trying to keep it from becoming not a difficult and even miserable century but a literally impossible one.”
https://www.newyorker.com/news/the-new-yorker-interview/bill-mckibben-and-elizabeth-kolbert-on-the-un-extinction-report <https://www.newyorker.com/news/the-new-yorker-interview/bill-mckibben-and-elizabeth-kolbert-on-the-un-extinction-report>

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“A new area of study is the field that some of us are beginning to call social traps. The term refers to situations in society that contain traps formally like a fish trap, where men or whole societies get themselves started in some direction or some set of relationships that later prove to be unpleasant or lethal and that they see no easy way to back out of or to avoid."

John Platt. Social Traps. American Psychologist, August 1973

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