If a cigarette was a person…
I am at the point where I’m all for the US managed decline at the hands of these padophiles and idiots. They deserve it.
Removed by mod
…but not for fossil fuels
Ironically, it’s fossil fuels that need subsidies now… unless solar cells are subjected to tariffs.
The IMF has kept an account of fossil fuel subsidies over the years. Explicit amount in 2024: .73b usd, 0.6% of global gdp. Implicit 6.7 trillion, 5.8% of global gdp.
Fossil always needed subsidies. The energy taxes on fuel are not enough to cover the externalities and also the list price still doesn’t even cover the infrastructure costs
Why do they need them? Why not price them according to their actual cost and let them compete on the free and open market against other energy sources?
Whoever tried that would lose the next election unfortunately
Wait, so you’re telling me that we, that taxpayers, have paid to build out the fossil fuel infrastructure, and these companies which get to spend our money then turn around and charge us for the products of our investments???
Yep, if they actually had to clean up their messes a lot of things would have reflected their true costs and we probably would have built out the alternatives way further by now. Imagine if the motorcar had barely existed and we skipped straight to PEVs (personal electric vehicles) and distributed solar battery charging cafes.
Holy third World country Batman! This administration is fucking insane.
It’s intentional. Remember the big show of him and billionairs flying to grovel to China a month ago?
The help he’s given Russia and the surrender to iran.
He’s destroying the place on purpose
“Don’t worry Jeffery…I’ll show them. I’ll destroy their precious America for what they made me do to you…”
I don’t think he is insane at all. He went to MIT. He owns an oil company.
In 2011, he founded Liberty Energy, then known as Liberty Oilfield Services.[15] As of February 2023, the company was valued at $2.8 billion, according to The Wall Street Journal. As the CEO of Liberty Energy, Wright earned $5.6 million in 2023.
In 2019 Wright drank fracking fluid to demonstrate that it was not dangerous. In a video posted to LinkedIn in January 2023, he said, “There is no climate crisis and we’re not in the midst of an energy transition either”.
On November 16, 2024, President-elect Donald Trump announced his nomination of Wright to serve as U.S. secretary of energy
https://en.wikipedia.org/wiki/Chris_Wright#cite_note-LibertyLeadership-14
The insane people are the ones who voted for this.
If he was sane he would pivot his company to renewables. Companies change what they do all the time.
While I understand this sentiment and do agree that we should have a high sense of climate urgency, oil companies aren’t going anywhere anytime soon. A big first step is simply to stop burning oil, but even if we do that we will still require a huge amount of it. All plastics, ALL of them, are oil derivatives.
Look around you, wherever you are, and you will see things that are made with plastics. And if they aren’t made out of oil derivatives, they are made by oil derivatives either as a source of energy, or the machinery to make it has plastics. The clothes you are wearing, your shoes, your hair comb, your toaster, car, glasses, pc, t-shirt, birding binoculars, camping tent, the list is never ending because it’s everyfuckingwhere. The prints on your glass, the pen with which you write or the keyboard you type on, it is so incredibly pervasive.
So we can rant at these oil companies, but an enormous chunk of the economy depends on it and that’s a simple fact. I’m not claiming to have the answers, but we can’t just get rid of oil, which is why I say that step 1 is to simply stop burning it. That will already stop the worst, the bleeding if you will.
And sure, renewables are good and to have renewable energy is infinitely better than burning oil, but they only solve the most obvious problem. The real issue is what would we use instead of plastics? And as far as I know, there is no alternative.
Competing with China is too much work. Easier to game the system than it is to change a business.
Exactly. One of the big mistakes the average person makes is assuming aligned interest. When they make a move that we consider “insane” it’s because we’re focused on different outcomes.
Why are you doubling down on an energy sector that is more expensive, in decline, and causes pollution? You’d be insane not to pivot to renewables!
But… oil is subsidised, and they don’t care about pollution or oil decline because those are too far out. They can make money right now, more of it than they will ever need. So they do.
Maybe being unable to feel empathy and only caring about being powerful and pleasing those in power can be considered as insanity?
Blatant corporate capture.
None of this is proof of sanity, especially the drinking fracking fluid bit. I’d argue just owning an oil company in this day-and-age alone qualifies one for some kind of major personality disorder.
Don’t be rude. “Third World” countries aren’t this idiotic and know that renewable energy is the cheapest form of electrical energy, and the easiest to implement, that there is.
Yep. It’s time people start remembering that those # World groupings were geographical in nature, not economical.
That’s explicitly false.
They’re ideological, a hangover from the cold war.
The first world: The US, plus its allies in NATO which were mostly in Western Europe.
The second world: Russia and the USSR, plus its sphere of influence through the Warsaw pact.
The third world: Literally everyone else.
So for example the underdeveloped backwards hellholes of… er, Finland, Sweden, and Switzerland were all non-aligned and thus technically “third world” nations.
Fair enough. My point mostly was that for most (older) Western Europeans 3rd world is a synonym for an economic hellhole. Like, Switzerland. Fracking socialists 😤 Wait, that sounds… Wrong…? No? Anyways, it’s not just ‘poor Africans’.
It was about support during WW2.
Yes, and decimate use to mean to destroy one tenth of something.
Definitions change from their original usage.
Close but wrong, it was the alignment during the cold war:
- First World: USA & allies
- Second World: USSR & allies
- Third World: non-aligned
Yes, already edited.
I was about to say, all those third world countries in Africa and South America are looking to do wind, solar, etc because it’s cheap and independent, rather than relying on coal or gas from other nations.
Fucking ghoul
Tell me again, Daddy, how very unlucky I, and all my kinfolk are, not to be your SHITHOLE COUNTRY’S fifty first state.
Did his lungs stopped supplying oxygen to his brains for some minutes? Probably they should’ve.
He shouldn’t be allowed to keep going.
I did an experiment with this - knowing nothing about this guy, I was like “I bet he either worked or currently still works for the oil industry.” Then went to Wikipedia and the second sentence of his article is:
Before leading the U.S. Department of Energy, Wright served as the CEO of Liberty Energy, North America’s second largest hydraulic fracturing company
Nailed it lol
Good news! (For him) Under the current lack of rules he probably didn’t have to give up any of the stock in Liberty Energy! Hope that works out for him (not really) when we start living under the rule of law again.
It’s soo sad seeing that there was zero hesitation when this guy spoke. Like no twitching of remorse to understand that what they are saying is obscenely ignorant and dismissive. But on the flip side great actor maybe??
Money is a decent motivator, especially when you’re a sociopath that really doesn’t give a fuck about facts or logic. Member when the right wing imbiciles took over YouTube, the goal was to coopt reality, because they knew what they were doing, lining their pockets with both elite money, and idiot money - not bringing truth to power of the lieberal media.
This guy does not have the American interest in mind and heart.
“I am thrilled to announce that after 35 years, I’ve finally gone full moron, losing the very last of my brain cells”
“And now, for your enjoyment, I’m going to stab myself repeatedly in the eyes with this spork”
These losers can’t read the room. Energy prices have skyrocketed, and we’re all stuck holding the bag again, just like we always do. Also, since this is blatant propaganda, why would anyone use wind or solar if it didn’t work? Simple question. God what a clown show.
They’re trying to crash the country they don’t care how so the billionaires can carve it up into city states. This isn’t a secret plan, Peter Thiel and his ilk have been pretty open about this plan.
It’s basically a hostile merger. They cut their teeth in unregulated markets and then noticed the government over there just getting tax money for nothing.
Yep. States like Oklahoma are already petty fiefdoms ran by whatever christofascist can yell the loudest. We have zero government transparency or accountability because the federal government refuses to enforce the law.
