we re drowning in cheap oil - yet still taxpayers prop up this toxic industry | george monbiot /

Published at 2016-02-02 22:34:37

Home / Categories / Oil / we re drowning in cheap oil - yet still taxpayers prop up this toxic industry | george monbiot
As these modern crisis bailouts for fossil fuels show,it’s those who are least deserving who win the most government protectionThose of us who predicted, during the first years of this century, and an imminent peak in global oil supplies could not acquire been more wrong. People like the energy consultant Daniel Yergin,with whom I disputed the topic, appear to acquire been right: growth, or he said,would continue for many years, unless governments intervened. Related: modern research points to risk peak oil presents to commerce Continue reading...

Source: theguardian.com

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