|Some Are Beginning To See The Light|
Are they beginning to see the light?
"Last month, six major oil and gas companies based in Europe, including BP and Royal Dutch Shell, wrote a letter officially endorsing an international price on carbon. “Climate change is a critical challenge for our world,” they declared. “The challenge is how to meet greater energy demand with less [carbon dioxide]. We stand ready to play our part.” In the short term, these companies stand to benefit from carbon pricing, which would shift demand away from coal. But even if their position is partially self-serving, it’s an important declaration, and one that deeply undercuts the climate change deniers’ arguments. Even oil companies, we can now say, believe climate change is real — and admit it’s something they are causing.
While Exxon Mobil did not sign the letter, its stance has also evolved. For years, the company poured millions of dollars into organizations promoting climate change denial. However, in a report to shareholders last year, an Exxon Mobil vice president said , “The risk of climate change is clear and the risk warrants action.” To that end, Exxon Mobil has expressed support for a carbon tax"
"The pressure, it appears, will come from more than marchers, too. Earlier this month, North Carolina businessman Jay Faison, a major Republican donor, announced that he would spend $175 million to encourage his party to embrace climate change as a crisis in need of action. His new organization, ClearPath, endorses a carbon tax that would use the revenues to reduce other taxes. Likewise, Jerry Taylor, president of the libertarian Niskanen Center and a former skeptic of climate change, released a paper in March titled “The Conservative Case for a Carbon Tax.”
Now if the Republican Presidential candidates would see the light we could see real progress.