Whitney Webb warns that President Elect Donald Trump is poised to implement a carbon tax, which was originally a Republican policy that was created during the Bush Sr. administration to relieve phony global warming. Trump has surrounded himself with carbon tax advocates including Howard Lutnick, the co-chair of Trump’s transition team tasked with filling key cabinet positions, and the head of Cantor Fitzgerald, which was one of the earliest players in emission trading. Elon Musk is also an ardent advocate for carbon taxes. Emissions trading is an entirely new asset class designed to enrich bankers.
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