- July 29, 2021
- Posted by: Stratford Team
- Category: Economy
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The statement in your leading article that “there should be an agreement to phase out . . . fossil fuel subsidies generally” is hardly ambitious” (July 28). What is needed is a carbon price that reflects the extent to which society in general, and health services in particular, are subsidising the fossil fuel industry, estimated by the IMF in 2015 to be $5.3tn annually. This equates to $145 per tonne of carbon dioxide.
You say that the world may have to “live with climate change”, but there is no mention of the planet’s human population, which has tripled over the past 70 years. If the population is not limited voluntarily, through education and family planning, then nature will do the job through famine, diseases and pandemics. We won’t be “living with climate change” so much as dying because of it.
Finally the central dogma of modern…