https://gregladen.com/blog/2010/09/05/the-political-chemistry-of-oil/ Mon, 06 Sep 2010 23:38:41 +0000 hourly 1 https://wordpress.org/?v=6.4.8 https://gregladen.com/blog/2010/09/05/the-political-chemistry-of-oil/#comment-522848 Mon, 06 Sep 2010 23:38:41 +0000 http://scienceblogs.com/gregladen/2010/09/05/the-political-chemistry-of-oil/#comment-522848 Forget just removing the subsidies, Oil tax should pay for each and every war with a oil producing nation. By the time we add that up solar is going to look like a bargain.

]]> https://gregladen.com/blog/2010/09/05/the-political-chemistry-of-oil/#comment-522847 Mon, 06 Sep 2010 05:09:00 +0000 http://scienceblogs.com/gregladen/2010/09/05/the-political-chemistry-of-oil/#comment-522847 I only half agree with you, MS. There is very little incentive for developing alternative energy sources when they can’t compete with oil on cost. Eliminating oil industry subsidies would help level the playing field, as would rolling the peripheral costs of oil, such as defense costs, into a gasoline tax. Industry will make whatever people buy, and people buy what’s cheapest.

]]> https://gregladen.com/blog/2010/09/05/the-political-chemistry-of-oil/#comment-522846 Mon, 06 Sep 2010 02:17:19 +0000 http://scienceblogs.com/gregladen/2010/09/05/the-political-chemistry-of-oil/#comment-522846 The “real cost” won’t scare people away – all they’ll think of is “but how do I earn a living?” We need to get off of oil and quick – it’s running out and the best guesses are that there are only a few decades to get our act together. This is where industry and government are deadlocked; industry will not put serious money into such research because the emphasis is on maximizing investor returns in the short term. Government on the other hand says “this is something for private enterprise”. Some economists don’t help at all with their “science will miraculously come up with a solution” attitude.

]]>