But if they make cuts while the poor go on a carbon-heavy growth binge, the climate will suffer anyway.

ECONOMIST: Investors and climate change

Meanwhile, the Environmental Protection Agency would go on a regulatory binge like nothing in modern U.S. history against traditional carbon-based sources of energy, coal in particular.

WSJ: Review & Outlook: Energy in the Executive

To get the economy going in late 2008, the central government ordered state financial institutions to go on a binge.

FORBES: Chinese Banks Report Outsized Profits