I used to think that carbon taxes were the way to go, but I have seen how effective the fossil fuel industry is at creating FUD. When you consider an effective carbon tax makes all their assets worthless it is not surprising that they will do whatever it takes to block anything other than a nominal carbon tax.<p>There really is only one way to get past the fossil fuel industry and that is to buy them out. Given the benefit from stopping global warming is spread over the whole community it is actually fairer if we did this rather than push a disproportionally share onto the owners of fossil fuel. Lets get serious and just pay off Exxon and their buddies.