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I've no doubt that this guy is being entirely self-serving and disingenuous, but the sad fact is that the UK still does still import half of its oil and gas.
Plus side of reducing oil production is that prices will go up and will drive the introduction of renewables as they become attractive and help save the world.
Downside is that we will all feel poorer during this transition
I'm in favour of cutting, but it's important to be clear about the implications.
Unfortanetally for everybody the greedy oil mogul is basically right. At least for the near future.
Just so much of the world runs on oil/fossil fuels that it's almost comical how reliant on them we are.
Plastic. Fertilizer. Transportation. Energy. Medicine.
Even if we can try and do replace it with green alternatives, it is going to take a massive change to get to where we need to be. Let alone for it to be cost effective and productive enough not to destabilize the entire world. We all saw how some reacted to higher gas prices.
But climate change is wrecking the world as we speak so.....dam. Destabilization either way. We took too long and dragged our feet. Ironically cause of the actions of oil's dark money and propaganda.
Ugh. It makes my head hurt.
Crazy thought: how about we get Greedy Oil Mogul and his ilk to fund the rapid transition, since they stalled progress in order to keep profiting from the current state for so long.
Thank you, yes please. Record profits over the past few years!