Taxes eliminate not a single tonne of carbon. Regulation backed. by reporting can do that – hence what I propose. So, tell me, how do you think people can stop buying carbon driven products unless business is forced to change. And please do recall – most demand is created by advertising. Take that into account please.
Quite so. Our demand for domestic comforts and transport – the two major emitting sectors of the economy – is entirely and solely drive by advertising, isn’t it? I’d never desire food not central heating without it.
James. I never said any number should be discounted, I said provide in full. I dd not allow for discounting because in the case of climate costs increase over time and do not fall. Discounting pretends otherwise. Hence why full provision is required.
Seriously, an accountant who doesn’t understand discounting this badly? Dear God.