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I think the flaw in your argument is the assumption that the demand for fossil fuel is variable depending on anything Exxon has to say. I don’t see an Exxon ad
by donatj 7y ago
I think the flaw in your argument is the assumption that the demand for fossil fuel is variable depending on anything Exxon has to say. I don’t see an Exxon ad and think “man I should buy an SUV”.
You wouldn’t blame an electric company on you buying electronic items, it’s the usefulness of the items themselves that drives the sales.
- javajosh 7y agoDemand is a function of many factors, including individual ethical concern and cost. Exxon has spent billions to reduce both of these effects - ethical concern is reduced because of the seed of doubt about climate change, and cost is reduced because of political contributions. Exxon is a great example of a firm successfully privatizing profit and socializing cost.
- em-bee 7y agoit's the usefulness of the item in relation to its cost and the cost to run it. an electric heater is quite useful, but also takes a lot of electricity. if the electric company promises that i'll spend less on electricity for heating than i would on gas, then that does make a difference. so yes, if exxon would promise that the gas prices are so low that i can afford an SUV, then i might be persuaded.
- deleted 7y ago[deleted]