[mcorning]

Something along these lines is necessary to save our planet. Cutting off the $650B in fossil fuel subsidies over the course of 15 years pay for a little over half of the plan.

If we can hand over trillions of dollars to save big banks, we can hand over what is necessary to save the planet.

[blackflame7000]

Because there is no guarantee any of that money will actually save the planet but there is a guarantee that all that money will be missed in other places.

[yifanl]

If an effort like this isn't made, then it's guaranteed we don't save the planet.

Yes, it sucks, but someone has to be the first to bite the bullet.

[atmosx]

Well it is guaranteed that Greece will never repay the debt, but for some reason the ECB and the IMF keep flushing huge amounts of money down the toilet. No one seems to care all that much though...

[nostromo]

> Cutting off the $650B in fossil fuel subsidies over the course of 15 years pay for a little over half of the plan.

That's not how subsidies work. "Subsidies" here are just lower tax rates for R&D spending.

If those tax breaks go away, so do most of the energy projects associated with them. The taxable income would shrink, and you'd have less money, not more.