Panama Papers Prove America Has the Money to Transition to 100% Clean Energy

[Judi Lynn]

Published on Thursday, April 28, 2016

by EcoWatch

Panama Papers Prove America Has the Money to Transition to 100% Clean Energy

by Vien Truong
Last week, the IRS asked anyone who might be exposed in the Panama Papers to come forward before they get caught. And for good reason—America is a hotbed of tax evasion.

There’s an old myth that we can’t have a comfortable lifestyle—cars, homes, creature comforts—without sacrificing clean water and clean air, because it requires lots of energy and we don’t have the money to transition to cleaner energy sources.

Conservatives argue we can’t afford advancements. Liberals argue a transition is possible, but we need bridge fuels or “All of the Above” to fund a slow transition. The Panama Papers show we have the money to transition right now, but it’s being looted by the global elite.

Climate change is wreaking havoc on the lives of people across the U.S. and the globe—from heat waves to floods to hurricanes to droughts. Regardless of how you feel about that, it’s simply fact that the fossil fuel industry has systematically poisoned low income communities and communities of color across the globe, like the one I grew up in.

More:
http://www.commondreams.org/views/2016/04/28/panama-papers-prove-america-has-money-transition-100-clean-energy

[Press Virginia]

1. The IRS asked people to come forward to admit a crime?

Evasion is a crime, Avoidance is legal.

"We" don't have the money right now, as the article claims. Right now, it's still someone else's money with no one, as of yet, even accused of a crime which would allow the government to sieze a single penny let alone spend it on anything.

And if there were a viable replacement for fossil fuels, that was ready to be implemented today, it would already be replacing fossil fuels today.

And, when I say replacement, I mean actually powering vehicles, heating homes, providing electricity on a scale the results in the closure of coal fired plants.

[Fairgo]

2. Somebody else's money...for now

The real crime is you are half right, tax havens are legal. But, in that black box, I am betting some forensic accounting will reveal global and epic shennanigans. Because with greedy bastards, even all the money is not enough.

As for the potential of current technology you mistake will for capacity. We could transition to near sustainable communities in a world wide movement if we had the will to start. One day soon, we will. We are still warming up...its not hot enough yet. Wait until the die off starts. About three fourths of the way through Trumps second term.

"I got mine, fuck you" money is an abstraction, like Tulip futures. The species will appropriate what it needs to survive, when the threat of extinction is beyond ignoring.

[Press Virginia]

3. What does a world wide movement have to do with your article's

claim of the US having the money to switch now? And to what?

Epic and worldwide shenanigans would imply money that the US has no jurisdiction over when it comes to taxation. Even if 100% of it were subject to US tax laws how much of it is actually taxable? Certainly not the 21 trillion the article claims.

And which alternative energy source could replace coal today? Gasoline, today?
How long would it take for people to be able to afford vehicles powered by the gasoline replacement?