[Iron Munro]

The loss of wealth is going to be staggering.

The loss TRANSFER of wealth is going to be staggering.

The starry eyed true believers might be motivated by fantasies of saving Gaia but the politicians and their financial backers know its about money, and lots of it.

[Eric in the Ozarks]

makes me wonder why Valero bought into this scam.

[DB]

That “transfer of wealth” is going to destroy wealth, not just transfer it keeping the total the same. Money is a tool. Generally those who have it know how to use it to produce more wealth. Those who do not know how to use it squander it and produce little with it. Therefore when you take the tools away from people who are productive and give it to those who are not, less is produced and everyone becomes poorer over time.