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Why do I get the feeling that much of the $155M is going to end up in the pockets of the oil and gas industry? When it would better off invested in startups wit
by chiefalchemist 4y ago
Why do I get the feeling that much of the $155M is going to end up in the pockets of the oil and gas industry? When it would better off invested in startups without the baggage, conflicts of interest, tunnel vision, etc.?
- ch4s3 4y agoI wouldn’t be surprised if well drilling companies end up being able to do geothermal installs more cheaply than upstarts. They’re already drilling under some pretty extraordinary circumstances. But, I share the concerns about corporate welfare and capture.
- tialaramex 4y agoBut if big oil companies like Shell decide they'd rather own geothermal plants than oil wells, then the key thing we wanted "It'd sure be nice if our planet remained habitable" works out. Even though maybe we'd prefer Green Corp. Inc. get wealthy and Shell lose everything that's not how capitalism works.
- chiefalchemist 4y agoKey phrase: but if. Apparently too many have forgotten that these companies knew well in advance where there product was taking us. They intentionally over years if not decades hid that from us. We know this. And yet we still trust them? And even want to reward them? But if might as well be Since we are fools...