Where the Climate Buck Stops
Climate superfunds are a sensible way to put some of the costs back where they belong, but we’ll get them only if the public demands them.
A new Government Accountability Office (GAO) report shows that many of the largest companies receiving bailout billions have set up hundreds of off-shore tax shelters to avoid paying taxes. Major scofflaws include Citigroup, Morgan Stanley, AIG, and Bank of America.
From the Washington Post: