Thread by @SenWhitehouse

This is such bull***t.

First it was a hoax.

Then the science was uncertain.

Then we were “alarmists.”

Then any fix was too expensive.

Now it will be fixed with “innovation.”

thehill.com/policy/energy-…

As the truth emerges, they just fall back to a more credible trench to defend the same industry and its same smelly lies and big fat subsidy.

Give me a break.

https://twitter.com/senwhitehouse/status/1080523128852361217?s=21

Want “innovation”?

Put a #priceoncarbon, so you can reward investors in #carbon reduction;

Strip this crooked industry of its $700 billon/yr subsidy (just in US, per @IMFNews);

Follow economics rule to put negative externalities in price (Econ 101);

And you will get innovation out the wazoo.

Wanna starve innovation?

Protect the fossil-fuel industry from fair competition (✅);

Give it endless corporate welfare (✅);

Provide no revenues for innovation (✅, except tiny @CCUS fund);

Defend the market failure fossil fuel lives by (✅)—

Oh and keeping taking tens of millions in fossil fuel political contributions (check, check and keep those checks a-coming).

Bottom line?

Anything that lets #Republicans defend fossil fuel donors while still having some public story line to sell...

https://twitter.com/senwhitehouse/status/1080523128852361217?s=21

The long version of my earlier tweet.

Key are “market-shaping policies,” which #Republicans shape to protect their massive fossil fuel donors. vox.com/energy-and-env…