“It’s just the stupidest way to reduce emissions,” said Harvey. Oil companies are lobbying hard for the projects, he said, but he believes CO2 emissions could be best tackled if the money was spent on renewable energy.
“It is loved by the industry because it’s a subsidy for whatever they’re already doing,” he said.
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Capitalism is not a serious ideology for serious people, and anyone who’s shackled to it will find themselves utterly incapable of fixing problems that are in any if w dozen ways like climate change.