Sukh's Thoughts: Oh, all the things we are going to "learn" (AGAIN), now that the benefits of hegemony, developed-world-led globalization and control over oil-producing countries is coming to an end.....



By taxing carbon, it limits how much consumers can afford to pay, and thereby limits how much sellers of oil and gas can demand. It's a smart way of skimming some of the wealth off an asset one doesn't own but needs to consume. The key is that all consuming countries must work as a cartel to ensure that this works. And "climate change" provides the perfect cover.



The reality is, burning fossil fuels does contribute to climate change.



BUT, even if there were no humans on the planet, and no oil and gas had ever been processed and consumed, climate change would occur regardless. Ice ages are just a reality that the earth experiences every 100,000 years or so (I believe it has something to do with the ever changing position of the earth in relation to the sun.