The fact that oil companies are reluctant to invest in their own giant carbon reduction projects speaks volumes about how they view their longevity. If anyone understands the economics of peak oil, it’s them.
  • radiofreebc@lemmy.world
    15·
    17 hours ago

    Corporations are reluctant because Carbon Capture is a fucking joke. It’s a dog and pony show, and a ridiculous pollution solution.

  • n3m37h@sh.itjust.works
    11·
    18 hours ago

    This is why natural resources should be nationalized. Corporations don’t care about anything but profit. And look where that jas gotten us? An envioent on the verge of collapse, all so a few people can live large…

    • teppa@piefed.caEnglish
      18·
      15 hours ago

      Where that got us was a pretty high standard of living, remember when you could buy houses in Palm Springs for 200k? Then we took it for granted and began introducing capital flight.