13 Jun
Should oil companies only be eligible for any government money if they use it all on switching to green energy
Would this help steer things in the right direction without harming the economy or costing any jobs? They could use some of it on job retraining to switch from oil jobs to green energy jobs and some on research, some on devolopment, some on advertising and the rest on producing green energy for new demand and to replace dirty energy production which would HAVE to be phased out in order to prevent the damage to the climate from the green house gases they would emit if they weren't replaced.
Posted by Harley on 13.06.09 at 12:17 am
You are talking about oil companies getting rid of oil and going to green energy, then we wouldn't have any oil companies. Oil is used in to many items. Without oil we would be without thousands of petroleum based products. It goes way deeper than energy.
Posted by Bob B on 13.06.09 at 12:17 am
No. A Pigouvian tax whereby oil companies pay for creating externalities (ie: pollution) would be a more efficient means.
Posted by Tinnian on 13.06.09 at 12:17 am
That's one of the silliest things I've heard yet.