this post was submitted on 02 Aug 2024
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[–] [email protected] 76 points 3 months ago (29 children)

Oh please! I'd love to see Big Oil shrivel and die just like our societies and very planet have under their influence.

[–] [email protected] 20 points 3 months ago (5 children)

They will just take all their oil billions and buy up battery companies at the last moment.

[–] [email protected] 2 points 3 months ago (3 children)

How are they going to convert their assets in that scenario? The value of oil will just go down from here on out, eventually it'll reach a point where it starts going back up again because it'll be such a hard to acquire commodity for the few people that want it.

Eventually we'll get to a point where the only people who use oil are rich people who can afford to run vintage cars and presumably pay some kind of carbon offset tax.

[–] [email protected] 3 points 3 months ago

the future is in plastics

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