Your Questions About Sustainable Energy Companies
Charles asks…
Can more be done to prevent the growth of local sustainable environmentally sensible economic growth?
besides giving billions of dollars to oil and energy companies?
admin answers:
Goodness yes. Obama tried hard to use his stimulus to create jobs in sustainable energy. Republicans, of course, fought that all the way. Reagan stripped Carter’s solar panels off the WH and nothing has changed since. If you care about clean stainable energy, always vote Democratic.
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Laura asks…
Would it not make sense to divert profits from oil companies, via tax, into sustainable energy resources?
Increasing oil prices may curb demand, but why does that have to translate into profits for oil companies?
admin answers:
It might. Maybe we should have done what Europe has been doing for years. Gas prices have been $4-$5 per gallon in Germany for many years … Not because of the price of oil, but because of higher taxes. In other words, Europe hasn’t diverted profits … They’ve taken it from tax payers.
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