Quelle Surprise! According to newly-declassified documents, Exxon backed and continues to back a small carbon tax because it knows that a minimal price on carbon tax does not make much difference to climate change. "They knew that it takes much, much more than they, of course, were proposing back then and—this is the kicker here—even more than what they’re proposing today. More than a quarter century later we’re still having the same debate,” Wagner said, adding that with billions of dollars in assets at stake, Exxon had every incentive to accurately predict the climate policy needed for the world to avoid dangerous levels of warming." Phew! who knew?
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