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You make an interesting point but I think it actually works the opposite way from what you think. If the only alternative to oil and gas is battery-electric pow
by philwelch 7y ago
You make an interesting point but I think it actually works the opposite way from what you think. If the only alternative to oil and gas is battery-electric power, oil and gas companies will use their political power to obstruct climate change mitigation altogether. If there’s an alternative that not only includes them as partners but opens up new lines of business for them (eg carbon capture and sequestering), then they will apply their political power in favor of that alternative out of self-preservation.
Of course, the kind of argument you’re making doesn’t really seem to stem from trying to solve the problem in the first place—it stems from viewing the world in terms of conspiracy theories and making black-and-white judgments of who are the good guys who deserve to be supported and who are the bad guys who deserve to be destroyed. But even then, if you have enough power to achieve your fantasies of destroying the oil and gas companies, you also have the power to force them to move into the hydrogen and carbon-capture-and-sequestration industry.
- Gibbon1 7y agoI think what's going to happen, is happening is governments that have no stake in the oil economy are going to head for the exits. Oil producing countries are powerful but not powerful enough to stop that from happening.