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InitialsDiceBearhttps://github.com/dicebear/dicebearhttps://creativecommons.org/publicdomain/zero/1.0/„Initials” (https://github.com/dicebear/dicebear) by „DiceBear”, licensed under „CC0 1.0” (https://creativecommons.org/publicdomain/zero/1.0/)EN
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1 yr. ago

  • ...it would completely destroy the world market

    I have to disagree with that, both the premise that they would and the result.

    It would simply take so much supply away that prices would go crazy.

    Is that what you mean by "destroy the market"? Because if prices "go crazy" the oil companies make bank and the reduced production doesn't matter, to them anyway. In addition, this would push EV and renewables adoption pretty hard and since those are now extremely viable alternatives, cutting production to raise prices, as OPEC has done for decades, would not have the effect it used to.

  • Won’t this just get the orange to push even more for drilling and further harm the environment and climate?

    It's up to the oil companies whether they drill more and they don't want to because it would cause prices to go down.

    "I don't know that there's an opportunity to unleash a lot of production in the near term... I don't think today that production in the U.S. is constrained." - ExxonMobil CEO Darren Woods (source)

  • in no small part because of republican efforts to demonise her

    Actually no, it isn't. It's because she's a fucking virulently anti-progressive neo-con. She has done some good in combatting Republican BS and I respect her abilities as a slimy politician in the same way I'd respect an skilled pick pocket, but this has nothing to do with Republicans.