116th Congress

https://www.dailykos.com/stories/20...s-in-the-Green-New-Deal-and-what-it-will-cost


The Green New Deal is, to repeat, a nonbonding resolution. Passing it will cost

approximately zero dollars and zero cents;

it exists as a launching point for lawmaker discussions on how to get to a less polluting,

less drought-and-famine-dominated future

. But even this is met with hair-pulling alarm, with warnings of socialism and revolution

and mutters of suspicious foreign "globalism" slithering into your crawlspace in the dead

of night, because there's not a damn thing that any non-conservative can propose,

in any arena, that will not get the exact same treatment.
 
Alexandria Ocasio-Cortez
‏Verified account @AOC
54m54 minutes ago

Alexandria Ocasio-Cortez Retweeted CSPAN

This, right here, is a problem.

Institutions can engage in unlimited financing of fossil fuels, building unstable pipelines + reaping profits, but when the bill comes to clean up oil spills & fix damages - they can conveniently kick the can.

So, who will pay for climate change?
...............................................................

Hve made the same argument aimed at profits gained by the weapons industry.
At what point is the profiteer responsible ?
 
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Sea walls will have to go up as seas rise. Wildfires to put out. Roads repaved. Nascent technology to explore.

Electrical grids replaced. It’s too late for us to not have to deal w/ the impact of climate change.

At this point we shouldn’t be debating IF we do it, it’s how.

The difference here is that we *already know* abt climate change. We know that more

fossil fuels will harm us. Banks know. Fossil fuel cos know. Gov + politicians know.

It’s not an accident. It’s cause+effect. We knew DAPL would leak.

And we know the next gen is in danger.
 
Daniel Medina
‏Verified account @dmedin11

Daniel Medina Retweeted CSPAN

As a reporter on #DAPL beat from beginning of protests,
I often spoke to oil/gas industry people. When I would ask them
how building pipelines was financially viable in an age of diminishing returns,
none seemed to care. Because, as they told me, the banks financing them didn’t.

With the way things are structured now, if the banks don’t care, no one cares.

They’re simply not incentivized to - no matter the damage to people, families, and the environment.

We mostly address issues after the damage is done. But we can’t afford that w/ climate.
 
and this exchnge:



Marvel Marisa Murphy
‏Verified account @RodeoGirlsMarv

Marvel Marisa Murphy Retweeted CSPAN

So using her own logic... Hypothetically, if @AOC made a drink while bartending,
then served it to a person, who then killed a family of 5 while driving drunk,
she should then be held accountable for the incident, right?
Bartenders beware, she could be coming after you next!!



Alexandria Ocasio-Cortez
‏Verified account @AOC
3m3 minutes ago

Alexandria Ocasio-Cortez Retweeted Marvel Marisa Murphy

Actually, in NYC if you’re a bartender and knowingly over-serve to someone,
you *ARE* liable for things they do after they leave the bar,
because you knowingly put them at risk for $.

Its called the Dram Shop Act. It’s a big reason why bartenders cut people off.
And it works.


Alexandria Ocasio-Cortez
‏Verified account @AOC
5m5 minutes ago

The key here is in the advance knowledge. When you

*knowingly* do something that you know *in advance*

will do harm, and do it anyway, you open yourself up.

Companies *know in advance* that climate change will

get worse if we keep growing fossil fuel consumption and production.
 
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How stupid thinking corporations should be liable for not doing their job right. By gawd don't people realize America no one takes responsibility for their actions.
 
yeah, I thought "cause we don't operate the pipeline" was pretty weak too.
As if to say, "we just make the profit"


" who ------ me ? !!!! "
................

so tell me, who will pay for the clean-up ?

and are you of the opinion that those making the profits once paid, wash their hands of the whole affair and bear no responsibility ?

.....................

remind me again about spending cuts and how over taxed we are
 
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57Brave said:
yeah, I thought "cause we don't operate the pipeline" was pretty weak too.
As if to say, "we just make the profit"


" who ------ me ? !!!! "
................

so tell me, who will pay for the clean-up ?

and are you of the opinion that those making the profits once paid, wash their hands of the whole affair and bear no responsibility ?

.....................

remind me again about spending cuts and how over taxed we are
Click to expand...

Now wait a second.

I bank with Wells Fargo. I give them money in exchange for interest.

Then they take my money and lend it to pipeline operator.

By golly, now I'm responsible for paying for the cleanup!
 
annie fofani
‏ @anniefofani
8h8 hours ago
Replying to @Len_SCA @alexisgoldstein and

payments on the loan. that the corporations they made the loans to would continue to make those payments from the oil profits. if those corps were held accountable for the environmental damage they could go bankrupt and not pay. but funders should also be held accountable too.
1 reply 0 retweets 1 like
Len M.
‏ @Len_SCA
7h7 hours ago

Paying for cleanup is secondary to prevention. The damage done to the environment from a spill cannot necessarily be undone. Therefore the risk is not the cost of cleanup, it is a separate risk that should be assessed and Wells Fargo be held accountable.
2 replies 0 retweets 0 likes
Len M.
‏ @Len_SCA
6h6 hours ago

In addition what really is the monetary risk? Probably negligible while the environmental risk is monumental. Therefore Wells Fargo is only calculating monetary risk as would be expected. Who is taking on the environmental risk? Only the public and we have no say.
1 reply 0 retweets 0 likes
annie fofani
‏ @anniefofani
6h6 hours ago

yeah, currently the earth and the people just get screwed. banks only care about monetary risk, they don't care about the environment. but laws can be changed to hold them accountable. and the public does have a say through our congressional representatives.
1 reply 0 retweets 1 like
annie fofani
‏ @anniefofani
6h6 hours ago

this is why, as i9 mentioned earlier it's the cost of being accountable for cleanup that motivates their team who assesses environmental impact to start taking prevention into consideration when assessing risk.
 
I feel this a conversation that is long overdue



MyCatThinksYou'reDumb
‏ @mycatis2cool4u
6h6 hours ago

Hmm, banks don't make high risk loans of this size
as they discuss loans made for a high risk project. Got it.
The whole point of her questioning involves risk to taxpayers.
Kind of like how BP's oil spill cost taxpayers over $10 billion.


and who else profited from the loans to BP? I personally see profiteers as responsible as BP themselves

As I see the arms industry fiduciary -ly complicit in mass shootings.
People are making money off of these programmed lapses in judgement
 
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sturg33 said:
Now wait a second.

I bank with Wells Fargo. I give them money in exchange for interest.

Then they take my money and lend it to pipeline operator.

By golly, now I'm responsible for paying for the cleanup!
Click to expand...

yes, if you profited from this instance of societal negligence , you are responsible
 
Alexandria Ocasio-Cortez
‏Verified account @AOC
10h10 hours ago

Alexandria Ocasio-Cortez Retweeted Alexis Goldstein

The CEO of Wells Fargo said they chose to finance the unstable Dakota Access Pipeline

over Standing Rock Sioux objections, because the bank determined it was “worth the risk.”

To whom?

#DAPL has leaked at least 5x. And we, the public, are left to pay for cleanup+destroyed land.
 
Telling when political factions faced with conversation on climate change and income inequality are reduced to "AOC is stupid"
At some point if they want a seat at the table will have to contribute to the conversation to survive. (Amash ? )
And sure, bring out your "data". But, understand how data is used as a tool and remember you cant drive a nail with a screwdriver
....................

Since January the discussion has been driven by new House members . Including that eye patch guy.
 
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sturg33 said:
Now wait a second.

I bank with Wells Fargo. I give them money in exchange for interest.

Then they take my money and lend it to pipeline operator.

By golly, now I'm responsible for paying for the cleanup!
Click to expand...

I'm not saying Wells Fargo should be responsible, but I don't think responsibility for any of Wells Fargo's actions (or inactions) would fall on the bank's consumers. You didn't know what the Wells Fargo executives were going to do with your money and that erects a pretty solid wall against legal action extending to you or any other costumers. I've got some banking business to Wells Fargo and I probably won't move it, but that company has shown itself to be run by idiots over the past decade. I would say they are simply crooked, but I don't think the folks running the company are smart enough to consciously be evil.

As for AOC, I don't agree with her here on the responsibility aspect, but I think she does show how big companies get together to do things and don't really give a f*ck about the consequences to anyone else in the process.
 
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