Steven mnuchin has suggested that Greta thunberg’s call for immediate fossil fuel divestment suggest that she does not know the first thing about economics and that she should therefore go and study it.
The arrogance of him suggesting that she does not know about economics is incredible. What are his qualifications for the role apart from as an entitled investment banker- the rich have had an extra large impact on the environment.
To the contrary given all of the assessments from reputable environmentalists ( possibly working on the Donald Trump Steve mnuchin will not have met many of these recently) and virtually all economic forecasts suggest that we can either spend billions of pounds changing our market now ( divesting from fossil fuels and investing in carbon neutral alternatives) or trillions of pounds doing so in the future.
It does not take a maths degree to understand that divesting now is the better option. Even had the nerve to suggest that America still leads the world in it’s moved to world carbon emissions reductions, and that all trump has done is moved the Investment of the public book and into private companies.
Forget the fact that the American Secretary of the Treasury thinks that saving billions of pounds now at a cost of trillions to our children is acceptable, or that is acceptable for him to behave in such a despicable way as to attack of 17-year old as his boss did; the simple fact is that the American government is determined to continue to operate as the worldwide pariah when it comes to trying to fight and Survive climate change, despite all studies showing that America will be hit harder than almost every other country on the planet: American citizen should take note, any alternative in the next election will lead to a better outcome, as it is clear under Trump the American government will not do what is required to look after its own people.
