Text 3 Recently,a coalition of business and advocacy groups from around Washington gathered to kick off a campaign to enact a carbon pricing program Known as the Climate and Community Reinvestment Act of D.C.,the plan would place a new tax on all fossil fuels bought or sold,with the hope of ultimately discouraging the use of these polluting energy sources.The big-picture goal of this campaign is admirable:to address the everdeepening crisis of climate chaos by dissuading the continued use of coal,oil and gas.But unfortunately,the approach-one based in a world of financial markets,trading schemes and enticing new public revenue streams-is inherently flawed.Simply put,carbon pricing is a false solution to climate change and a distraction from real,effective climate solutions we must urgently pursue.To date,there is scant evidence to indicate that carbon taxes lower greenhouse gas emissions.In fact,the opposite is true.Recently Food&Water Watch reviewed the British Columbia carbon tax program,often cited by advocates as an example of success.From 2009（the first full year of the tax）t0 2014,emissions from taxed sources grew by 4.3 percent.And in the seven years after the carbon tax took effect,total gasoline sales increased by 7.37 percent.Supporters of such plans like to focus on a deceivingly simple notion that increasing the price of a consumer good will automatically reduce its use.But this just isn't the case when it comes to the purchase of necessities.People must heat their homes in winter,and they must commute to work,regardless of the cost.Those backing the D.C.carbon pricing plan like to note that revenue from the new tax would go toward investment in clean energy sources.But only 20 percent of the generated funds would be allocated in this manner.The rest would be shared out in tax breaks for businesses and rebates for consumers,another factor undercutting the notion that increased costs up front would change consumer behavior in the long run.Meanwhile,fossil fuel giants such as ExxonMobil are increasingly coming out in support of carbon pricing.This should be cause for alarm for anyone concerned with stamping out the use of the dirty energy sources these corporations profit from.Exxon knows that carbon taxes will do little to change the business-as-usual dependence on oil and gas that it relies on to continue operating and enriching shareholders.Furthermore,corporations such as Exxon rightly view carbon pricing schemes as a means of diverting energy and interest from tougher regulations that might actually encroach on their business plans and bottom lines.Despite what well-intentioned activists want to believe,there is no convenient,market-friendly solution to our serious climate condition.There is only the hard truth that we must tackle the problem at its source:We must stop using fossil fuels,and soon.The latest science indicates that in order to avoid the worst effects of deepening climate chaos,society must transition completely to clean,renewable energy by 2035
Fossil fuel giants____.
A.are expressing dissatisfaction with carbon pricing schemes
B.are reducing their dependence on dirty energy sources
C.view clean renewable energy as their future source of profits
D.see carbon pricing as distraction from tough rules against them