cross-posted from : https://lemmy.zip/post/61844046
Scotland allocates £45 million for over 330 zero-emission buses and coaches
https://www.sustainable-bus.com/news/scotzeb-45-million-zero-emission-buses/
https://www.sustainable-bus.com/news/scotzeb-45-million-zero-emission-buses/
cross-posted from : https://lemmy.zip/post/61844046
3 Comments
AnnieByniaeth@feddit.uk · 2 pts · 149d
Great. But there's still something fundamentally wrong with public money going to support private companies in this way. I fear this sends the message "don't go green until the government throws you a load of money to incentivise it". By all means, support the infrastructure (and take the income from it for the public purse), but make the shareholders pay for going green. Or just nationalise if they don't want to.
birdwing@lemmy.blahaj.zone · 2 pts · 146d
If you want to incentivise shareholders to go green, it'd imo actually help more to have tax deductions for investing in those, while you raise dividend tax on non-SRI (socially responsible investing). The extra dividend tax can go towards three:
a) making sure algorithms and media foster general wellbeing and are financed through it, so, corporate can't lobby as effectively, thus hindering the far right
b) financing public projects and works, independently managed sovereign wealth funds with a strong ESG, SRI focus
c) fostering cooperatives and building financial reserves for crisis years
d) closing tax evasion loopholes and possibilities for capital flight by e.g. global taxation and a large asset movement penalty, and properly taxing multimillionnaires and autocratic (i.e. non-cooperative) companies, e.g. by wealth and land taxes.
In this way, you also prevent shareholders from having an incentive to invest in fossil fuel desinformation and authoritarian movements.
AnnieByniaeth@feddit.uk · 1 pts · 144d
Yes that makes a lot of sense. Make it increasingly difficult not to go green, through the tax system, rather than directly paying them to go green.
AnnieByniaeth@lemmy.world · 1 pts · 144d