Sustainability 05/30/2009
Posted by rosshunter on May 29, 2009
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K L Reddington wrote: “If we want to lower crude prices, we will have less battles against drilling in North America.”
We don’t want to lower crude prices. We want the price of oil, and coal, and natural gas to go up, to internalize the full cost of the environmental damage that they cause, and force them to compete in the market on a level playing field with clean, renewable sources of energy. We want to burn LESS oil, not drill for more of it. We want offshore wind turbines, not offshore oil drilling rigs.
Besides which, the oil corporations already have vast leases on public lands where they are already permitted to drill, and they aren’t doing it. Why should they? What incentive do the oil corporations have to lower the price of their product by putting more of it on the market?
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