This is a point which gets overlooked pretty often.<p>It&#x27;s the same as the value of taxi medallions in the Uber debate. Allowing Uber to operate in a city where technically only medallion owners were supposed to drive is actually really shitty to the owners of those medallions. You open it up, suddenly tell them that their investment is worthless because of a change in regulations. It&#x27;s really unfair to them. Perhaps the way to quiet the medallion owners would be to pay them like 25% or 50% of what they were worth earlier in compromise bill allowing Uber in. They don&#x27;t feel so slighted, everyone else gets Uber. That&#x27;s win-win.<p>How it would work in this case: pass a compromise bill which involves paying these companies some amount of cash so their shareholders won&#x27;t feel so slighted. They will give up their fight against carbon taxes, and we avert global catastrophe.