In a surprising turn of events, tax reform may be to blame for the recent uptick in global warming. According to a new report, the New Year holiday, which saw no trading in stocks or bonds on Wall Street, has been linked to a dramatic increase in carbon emissions.
Experts have determined that the lack of trading in stocks and bonds led to a decrease in financial activity, resulting in fewer transactions being made and fewer sources of energy being consumed. The decreased energy consumption has in turn caused an increase in greenhouse gases, leading to higher global temperatures.
The report also suggests that the decrease in financial activity caused by the New Year holiday is further exacerbating the effects of global warming, as it is reducing the amount of money that can be used to fund green initiatives and research.
This news comes as a stark reminder that even small changes in our behavior can have big consequences when it comes to the environment. It’s clear that more needs to be done to reduce our collective carbon footprint, and that it might be time to rethink our approach to tax reform.
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