Energy firms have made record profits by increasing production of oil and gas, far from their promises of rolling back emissions

Leading energy companies are intent on pushing the world in the opposite direction, expanding fossil fuel production and insisting that there is no alternative. It is evidence that they are motivated not by record warming, but by record profits, experts say.

  • alvvayson@lemmy.world
    01·
    1 year ago

    Expecting oil companies to solve climate change is like expecting car companies to solve traffic jams.

    It’s naive thinking.

    Carbon taxes and cheap nuclear power. We have had the two main required policy tools and technology since the 1980s to solve climate change.

    • Meowoem@sh.itjust.works
      01·
      1 year ago

      Those two things are great solutions for the billionaires but absolutely suck for everyone else, no wonder you see them pushed so much.

      The first is a tax which will strongly affect the poor while allowing the rich to continue as normal, the second allows the rich to control power generation and essentially continue the monopoly rather than move towards decentralised sources which can be community run.

      We need to switch from a greed based system which obsesses over displays of wealth and move to a more ecologically sound way of existence, but people can’t even consider taking the slightest responsibility for their lifestyle