See, with all these sorts of “sustainable” solutions that keep us hooked on fossil fuel products, be it hydrogen, LNG, plastic recycling, carbon capture, etc., my opinion is that oil companies with their hand-over-fist profits should be the ones investing on those, not the government. If there’s an oil subsidy budget, use it on that, whereas the government should be spending less climate money on climate dead-ends.
See, with all these sorts of “sustainable” solutions that keep us hooked on fossil fuel products, be it hydrogen, LNG, plastic recycling, carbon capture, etc., my opinion is that oil companies with their hand-over-fist profits should be the ones investing on those, not the government. If there’s an oil subsidy budget, use it on that, whereas the government should be spending less climate money on climate dead-ends.
Humanity is a climate dead end. We as a species are too selfish to voluntarily establish a sustainable equilibrium.
EU’s CRCF forcing some guardrails on the carbon market sounds promising