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Make clean energy, transport electricity, use electricity to distill ethanol. Or just use EVs. If you insist on transporting oil, do the same as countries did
by Iv 7y ago
Make clean energy, transport electricity, use electricity to distill ethanol.
Or just use EVs.
If you insist on transporting oil, do the same as countries did with oil tankers: force them to have an insurance policy that would cover all the environmental damage costs. Very quickly, insurers forced the shipping companies to reinforce their safeties.
- mercer 7y agoIn the industry we call this front-falling-off-insurance. While highly unlikely, you want to avoid the front falling off your tanker. Or at least make sure you're outside the environment when it happens!
- sseveran 7y agoYou can buy insurance for this today. https://www.travelers.com/business-insurance/oil-gas/midstream https://www.travelers.com/business-insurance/oil-gas/midstre...
- Iv 7y agoBut is there a law mandating an insurance that would cover all the costs caused by spills and clean up of spills?