Leading energy companies are intent on pushing the world in the opposite direction, expanding fossil fuel production and insisting that there is no alternative. It is evidence that they are motivated not by record warming, but by record profits, experts say.
Companies like Exxon literally buy up green technology that could have huge, net-positive, impacts in the climate resiliency sphere/in combating climate change because they don’t want the competition. The sheer audacity of this bald-faced fucking lie. What is the point of money on a dead planet, morons?
Why are these greener companies selling to them?
Capitalism, actually. The private firms have owners and employees (who might have shares) who look around at the state of the world as is, see how fruitless change is, and decide on their individual gains over the needs of the many. Systemically we converged to a system that blossoms profit, in theory, but doesn’t take in the reality of the world.
Sounds like they were highly motivated to make the world better. Oops, guess they weren’t. Just profit driven removed like many other big disaster companies in the world.
Anyways, there always nuclear power.
I don’t think O&G outright tells them they’re buying it to shove it in the attic either.
Uh, money?
Well, no shit. Hadn’t thought of that.
Imagine spending all the time and effort just to be bought out by a big terrible monster they have all been claiming were bad. Enjoy the clams.
They don’t know they’re getting brought out to be destroyed, it’s the same way Microsoft used to operate ‘oh this tech is amazing we’ll invest and help bring it to the masses!’ closely followed by ‘ok now you signed it over pack it all up into the incinerator…’
I’m sure they do
Often because they don’t have the capital to roll out their technology and need to go to the market for investment.
But then the investment market fucks them.