posted on Jan, 4 2013 @ 10:41 AM
This discussion is mute. Once they start taxing Co2 emissions, all those fossil fuels will be virtually worthless. And don't for a moment doubt that
this is impacting investment RIGHT NOW. There's a lot of fearmongering out there about climate change and government is starting to hear it. The
sustainable movement is growing. Our kids are growing up in schools that teach them that humans caused global warming. This will come to a crescendo
that will crush fossil fuel business.
Fossil fuels will always have uses, but their days of ruling the world are closing. If I was in the fossil fuel business, I'd start figuring out how
to make fossil fuels greener and thus stay in business. This will of course, in time, open up more room for alternatives to fossil fuels. This is
because making fossil fuels greener has a cost and this cost makes alternatives more appealing.
Not to mention that Chavez controls the media and much of the government. Thus, the people, even though they "own" these resources, are still
subservient to him and his cronies.
I really wouldn't want to live there. Pathetic squalor. Government bloat. Bleh.
Never trade too much freedom for security. That's the mess that Venezuela is in. It's a socialist experiment from the old world. Revolution will
eventually collapse the country. This is because countries that use these outdated rulesystems cannot adapt to freedom-loving people.
4-1-2013 by jonnywhite because: (no reason given)