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I’m in general agreement with you. If governments actually cared about ending ending oil dominance they would continually increase taxes on it to financially fo

I’m in general agreement with you. If governments actually cared about ending ending oil dominance they would continually increase taxes on it to financially force consumers and industry to pursue alternatives. And then use all of those tax revenues to fund renewables, public transit, and climate repair technologies. Outside of a few countries this isn’t even close to what happens in reality. Everyone will continue to squeeze as many dollars as they can out of oil drilling until demand drops to the point where it’s no longer profitable, some number of decades in the future.

tomatotomato37 7y ago
>And then use all of those tax revenues to fund renewables, public transit, and climate repair technologies And what happens when those revenues are threatened by people responding to the incentives and cutting out oil? Any money earned by environmental tax needs to go 100% into matching environmental restoration program with a hard limit defined that decommissions the program once the incentive is "complete" with acknowledgment that this is the preferred result. Otherwise you get ridiculous pervasive incentives in government that don't fix the problem and destabilize politics further