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Originally Posted by ninty
Yeah, think about this for a second.
Oil companies are enormously profitable. Especially with the US's move toward more cooperation with bigger corporations, these corporations have a lot of influence in world governments. Advances to move toward another form of energy would not be supported by these oil companies. These companies obviously want to keep oil as the major form of energy. I think it must be considered that advancements in other renewable energy resources will likley be suppressed because of the money factor whether a government wants to move into a renewagle energy source or not.
I mean, if you take this example, highschool students made a car that runs on soy and gets 50MPG and goes 0-60 in 4 seconds. High school kids did this. You would think that big companies would be able to do this easily if kids can.
http://www.cbsnews.com/stories/2006/02/ ... 9941.shtml
In my mind, same thing goes for healthcare. Companies are more involved in making pills and such to treat diseases and viruses than preventing them from happening. This is the money factor again. These's more money in prescribing someone a drug than keeping people healthy. |
But you also need to remember the incentive that oil companies have to get away from oil. They have a lot to lose once the oil runs out so there is no doubt that they will be interested in working to develop new energy when the oil starts to get scarce. The people who run these companies aren't stupid, they aren't just gonna ride oil until it runs out and then pack up and call it quits, they are gonna keep trying to make money and when it comes to the point when they are going to lose the ability to make money from oil, you can bet they will change markets.