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Oil profits raise questions about tax, green investment

• krageon 4y ago
  What questions are there to be had? Oil companies need to be taxed into the ground.
  • EricE 4y ago
    Because?
    • stu432 4y ago
      Clearly he wants to return to pre-industrial times, with no plastics, no medicines and no fertilizer. Taking role-playing to the next level.
• EricE 4y ago
  Everyone loves energy until it isn't there. "renewables" aren't going to be able to take over any time soon and it takes a LONG time to establish new lines of supply. All short sighted moves like "tax the hell out of them" do is put the brakes on any development underway and years from now there will be shortages that everyone will bitch and moan about those "evil" oil companies causing. Nevermind that this current "crises" was entirely caused by the policy changes of the current US administration. We shot the world in the foot - so let's double down on stupid and take the other feet and our legs off too.
  • rasz 4y ago
    >put the brakes on any development underway there isnt any, record profits despite 2014 resources cost came from power companies cutting development and production. Why make x when we can make 1/2x and charge double?