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The real act of altruism is to do something to avoid burning oil at all. This way you get to be altruistic towards your posterity as well. The interesting ques
by geoka9 13y ago
The real act of altruism is to do something to avoid burning oil at all. This way you get to be altruistic towards your posterity as well.
The interesting question is, do high oil prices help this cause or not?
- toomuchtodo 13y agoUse high oil prices to invest in renewables and electric vehicle companies with your sovereign oil fund. High oil prices definitely cause people to adjust their behavior (consider EVs, use public transit,etc [demand destruction]).
- eru 13y agoOn the other hand, high oil prices also lead to more oil exploration.
- Dewie 13y agoThere are people who want to, at the least, not open up any more petroleum reserves. The problem, which many are worried about already, is what industry would fill the void either when the oil runs out, or they opt to not dig up more? http://en.wikipedia.org/wiki/File:Norway_treemap.png http://en.wikipedia.org/wiki/File:Norway_treemap.png