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Oil is still underpriced wrt to its environmental cost. It is good to see at least the political cost being accounted for.
by praptak 7mo ago
Oil is still underpriced wrt to its environmental cost. It is good to see at least the political cost being accounted for.
- nutjob2 7mo agoFrom my point of view, this incredibly stupid war has only positive externalities. The costs of oil are legion and unaccounted.
- drnick1 7mo ago> Oil is still underpriced wrt to its environmental cost. This may well be true, but we still haven't found a better fuel. Sure, we have electric cars, but they are still too expensive for the masses, or impractical, e.g. for apartment dwellers. Besides, oil has countless other uses besides as fuel for vehicles.
- saulpw 7mo agoYes, and, the world would be better off if the price of oil were higher. We would produce less plastic crap and take fewer frivolous airplane trips and take more public transit. Our petroleum consumption is based on underpriced oil.
- praptak 7mo agoThere's no incentive to find a better fuel as long as the price of oil doesn't have the externalities priced in.
- malfist 7mo ago> but we still haven't found a better fuel We have. It's electric.
- butlike 6mo agoWhat runs the power plants? Steam?
- mitthrowaway2 7mo agoChina makes them cheaply enough.
- drnick1 7mo agoSoftware-on-wheels under the control of a foreign nation, what could go wrong?
- happysadpanda2 7mo agoThis could be an argument for investing in more reliable/higher capacity public transit systems though. Which would also likely result in a fair increase in public health from moving a bit more and possibly less polluted air going in an out of the lungs of the populace.
- drnick1 7mo ago> This could be an argument for investing in more reliable/higher capacity public transit systems though. Public transit is impractical outside of big urban centers. And even there, it's nearly always a nasty experience. This is why people who can afford it still drive or use taxis in cities.
- mitthrowaway2 6mo agoI take it you haven't lived in a country that invests significantly in its public transportation infrastructure, like Switzerland or Japan?