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The problem is the cost of oil is downstream. The reasons why citizens want an alternative is because of those costs. If you added on all the environmental and
by derbOac 1y ago
The problem is the cost of oil is downstream. The reasons why citizens want an alternative is because of those costs. If you added on all the environmental and health costs — all of them — you'd find oil is being subsidized in a different way.
I'm not even antioil in general but I am pro diversification, and think it's absurd to bring up government in that way when a major point of government should be to represent value for the citizens, that might not be represented in the market otherwise.
- ACCount37 1y agoOil is often subsidized directly too. Same reason why agriculture is - too vital of an industry. Which might make sense from a national security standpoint - but it also gives the oil industry yet another reason to fight tooth and nail against anything that can diminish the importance of oil. If oil ever became non-vital to the country's infrastructure and economy, those subsidies would stop, and the entire industry might go the way of British coal.