Debate over Carbon Tax Intensifies Amid Record-High Global Temperatures
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IMF Chief Kristalina Georgieva has faced criticism after advocating for a global carbon tax during the World Economic Forum conference in Davos, Switzerland. In her speech, Georgieva argued that fossil fuel subsidies amount to $1.3 trillion globally and proposed replacing them with a carbon tax of $85 by 2030. She dismissed concerns about the cost of the tax, stating that the money should be obtained from where it hurts and put to where it helps. Georgieva emphasized the need to address climate change and reduce emissions, but her call for a carbon tax has sparked controversy.
David Blackmon, in an opinion piece for the Daily Caller, criticized Georgieva's stance on carbon tax. He described her proposal as authoritarian and elitist, reflecting the plans discussed by globalist elites at th...
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