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  3. If oil giants are reluctant to invest in carbon capture, why should taxpayers?

If oil giants are reluctant to invest in carbon capture, why should taxpayers?

Scheduled Pinned Locked Moved Canada
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  • nightowl@lemmy.caN This user is from outside of this forum
    nightowl@lemmy.caN This user is from outside of this forum
    nightowl@lemmy.ca
    wrote on last edited by
    #1
    This post did not contain any content.
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    If oil giants are reluctant to invest in carbon capture, why should taxpayers?

    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.

    favicon

    Canada's National Observer (www.nationalobserver.com)

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    • nightowl@lemmy.caN nightowl@lemmy.ca
      This post did not contain any content.
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      If oil giants are reluctant to invest in carbon capture, why should taxpayers?

      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.

      favicon

      Canada's National Observer (www.nationalobserver.com)

      N This user is from outside of this forum
      N This user is from outside of this forum
      n3m37h@sh.itjust.works
      wrote on last edited by
      #2

      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…

      T 1 Reply Last reply
      6
      • nightowl@lemmy.caN nightowl@lemmy.ca
        This post did not contain any content.
        Link Preview Image
        If oil giants are reluctant to invest in carbon capture, why should taxpayers?

        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.

        favicon

        Canada's National Observer (www.nationalobserver.com)

        R This user is from outside of this forum
        R This user is from outside of this forum
        radiofreebc@lemmy.world
        wrote on last edited by
        #3

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

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        • N n3m37h@sh.itjust.works

          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…

          T This user is from outside of this forum
          T This user is from outside of this forum
          teppa
          wrote on last edited by teppa@piefed.ca
          #4

          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.

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