Quote:
Originally Posted by justplugit
Never says how, doesn't need to, the seed is planted,
-vote for Hillary she's against big oil. Mission complete.
|
Sure she has said how...
1) Don't raise oil industry taxes
2) End government oil industry subsidies
3) Establish a profit threshold (based on historic trends) that companies can either use the cut off excess to contribute to an alternative energy fund (probably directing money back at them in the form of government incentives) or keep the money to invest it themselves into alternative energy technology, which many are
already doing today.
In the end the companies still make record profits and the people and industry are in alignment on the direction we need to take.
Would it impact shareholder value? Perhaps, but mostly in the short-term as it would accelerate an innovative green and more self sufficient economy. It could also encourage investment in the energy sector by cleaning up public perception which isn't all that great right now.
Left to themselves the oil industry would gladly bleed the earth dry to deliver record earnings and let the next generation die in the energy wars with China.
Is that the fate you're wishing upon your three grandchildren?
-spence
Threaded Mode