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Writer's pictureAlan Baker

Oil States, Oil Companies and Governments will not give up their revenues without people push.

Updated: Feb 10, 2023

Fossil fuels will always be cheaper while the atmosphere is available to them as a free sewer. Oil states particularly have no alternate source of wealth, so have little choice but to promote continued use of hydrocarbons and oil companies have huge hydro carbon based assetts they will not write off, so will again promote hydrocarbons to ensure their self preservation. Governments make huge revenues from hydro carbon taxes. e.g Petrol.. 60 percent plus tax so the exective powers to expedite change is addicted to oil revenues with no serious plan for transition beyond aspirational targets.


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