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> If we exploded all energy companies into millions of tiny companies each with a single oil or gas well, but overall production is the same, would that change
by scotty79 3y ago
> If we exploded all energy companies into millions of tiny companies each with a single oil or gas well, but overall production is the same, would that change anything?
It could change something if we forced them to compete on how much of CO2 they emit for MWh.
Too big to fail is a terrible direction to move towards.
The main superpower that companies have is that they can die and be replaced by others doing better.
- gruez 3y ago>It could change something if we forced them to compete on how much of CO2 they emit for MWh. A carbon tax basically does this but at an economy-wide level, and allows us to play off fossil fuel companies against EV companies, rather than just playing off Shell vs BP, for instance.
- scotty79 3y agoThe problem is that large, strong companies can force regulators to issue as many allowances as they need. When companies are smaller the competition makes this kind of lobbying harder. So the fact that global emmisions have such consolidated source is important and alarming.