Not severe enough. Taxing may have been a reasonable lever 20 years ago.
At this point, C executives have made it quite plain that they will carry on regardless of outcome, so long as it enriches themselves.
So, remove them. They lose all access to their wages, OPTIONS, and golden parachutes.
Nationalize the company, and replace the C suite with highly qualified members of an oversight committee who are expressly mandated to fulfill climate objectives, with running the business’ capabilities as the 2nd objective. There are 10s of thousands of qualified experts to fill newly vacant roles- most C suite types are selected for their nepotism ties and their willingness to advocate for sociopathic business practices. Whose services, we no longer require.
The goal is to bankrupt fossil fuel companies. If some C suite exec takes a bunch of money from the company into his pockets, then that is great, as it kills the company faster.
Not severe enough. Taxing may have been a reasonable lever 20 years ago.
At this point, C executives have made it quite plain that they will carry on regardless of outcome, so long as it enriches themselves.
So, remove them. They lose all access to their wages, OPTIONS, and golden parachutes.
Nationalize the company, and replace the C suite with highly qualified members of an oversight committee who are expressly mandated to fulfill climate objectives, with running the business’ capabilities as the 2nd objective. There are 10s of thousands of qualified experts to fill newly vacant roles- most C suite types are selected for their nepotism ties and their willingness to advocate for sociopathic business practices. Whose services, we no longer require.
The goal is to bankrupt fossil fuel companies. If some C suite exec takes a bunch of money from the company into his pockets, then that is great, as it kills the company faster.
There is a depth of misconceptions in your statement that would take more time than I have available to backfill.
So, let’s just say that the strategy you posit would never succeed.