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The environmental cost of oil is global while the wealth and profits are concentrated in those nations. It’s the opposite problem.
by vineyardmike 4y ago
The environmental cost of oil is global while the wealth and profits are concentrated in those nations. It’s the opposite problem.
- dmix 4y agoAs opposed to what alternative? Would we rather Iran/Russia/etc be poorer or redistribute the wealth to other countries as if oil isn't a geographic right? Punish oil nationalization or pro-nationalize but be more like Venezuela where everyone gets even poorer despite a boom in oil prices? I don't see who this is an 'inverse problem' without a realistic alternative.