Force Oil companies to finance their own competition

2 posts / 0 new

<!-- /* Style Definitions */ p.MsoNormal, li.MsoNormal, div.MsoNormal {mso-style-parent:""; margin:0in; margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:12.0pt; font-family:"Times New Roman"; mso-fareast-font-family:"Times New Roman";} @page Section1 {size:8.5in 11.0in; margin:1.0in 1.25in 1.0in 1.25in; mso-header-margin:.5in; mso-footer-margin:.5in; mso-paper-source:0;} div.Section1 {page:Section1;} -->
/* Style Definitions */
table.MsoNormalTable
{mso-style-name:"Table Normal";
mso-tstyle-rowband-size:0;
mso-tstyle-colband-size:0;
mso-style-noshow:yes;
mso-style-parent:"";
mso-padding-alt:0in 5.4pt 0in 5.4pt;
mso-para-margin:0in;
mso-para-margin-bottom:.0001pt;
mso-pagination:widow-orphan;
font-size:10.0pt;
font-family:"Times New Roman";}

Instead of ONLY imprisoning and fining BP personnel (and government employees who were complicit in the crime), a part of BP's punishment should be to help pay for R&D into alternative energy. In essence, the point is to make the oil industry pay to research and develop their own competition. What better punishment could there be for a Corporation since all they care about it profit? The Death Penalty is a good idea, but forcing them to fund their own demise is even better.

bjdzyak's picture
bjdzyak
Joined:
Jul. 31, 2007 4:01 pm

Comments

BP already has an Alternative Energy Division.

Leman Russ's picture
Leman Russ
Joined:
Jun. 10, 2010 1:27 pm

Currently Chatting

Who Should an Economy Serve?

The top one percent own half of all the world's assets. In stark contrast, the bottom fifty percent of the world owns less than one percent. According to the 2014 Global Wealth Report from Credit Suisse, global inequality has surged since the 2008 financial collapse. The report explains that while global wealth has more than doubled since the year 2000, the vast majority of overall growth has gone to those who were already wealthy.

Powered by Pressflow, an open source content management system