What’s your proposal - let them just keep drilling, keep pumping, and keep polluting? It’s “legal” for them to do it, so there should be no guardrails, no accountability? They’ve been pushing back heavily on even legislation to make them pay a considerable amount towards cleanup efforts. The article states:
“Despite global climate commitments, a small group of the world’s largest fossil fuel producers are significantly increasing production and emissions. The research highlights the disproportionate impact these companies have on the climate crisis and supports efforts to enforce corporate responsibility.”
Regulating the companies would at least be better than just pulling the plug on fossil fuels (that would in the current situation basically stop the world and cause untold amounts of famine and misery).
I don’t think anyone’s suggesting we just immediately pull the plug on fossil fuels entirely, that’s not at all realistic, but heavily taxing them and using the revenue from those taxes to go towards cleanup and green energy would be a step in the right direction. The reliance on fossil fuels might drop considerably if the price of gas increased heavily. To your point, it’s an industry because people buy it, and people buy it because it’s the most cost effective solution in many cases. If it was no longer cost effective, people would gravitate towards green alternatives where possible.
What’s your proposal - let them just keep drilling, keep pumping, and keep polluting? It’s “legal” for them to do it, so there should be no guardrails, no accountability? They’ve been pushing back heavily on even legislation to make them pay a considerable amount towards cleanup efforts. The article states:
What would you have us do?
Regulating the companies would at least be better than just pulling the plug on fossil fuels (that would in the current situation basically stop the world and cause untold amounts of famine and misery).
I don’t think anyone’s suggesting we just immediately pull the plug on fossil fuels entirely, that’s not at all realistic, but heavily taxing them and using the revenue from those taxes to go towards cleanup and green energy would be a step in the right direction. The reliance on fossil fuels might drop considerably if the price of gas increased heavily. To your point, it’s an industry because people buy it, and people buy it because it’s the most cost effective solution in many cases. If it was no longer cost effective, people would gravitate towards green alternatives where possible.