I think that’s what the original post was implying but yeah it’s two fold.
Tax cut won’t lower prices, it will just increase company profit margins
Prices went up because of Iran war
Only way to reduce prices is to reduce demand. Small modular nuclear reactors are the way and we have companies in Canada working on them yet I don’t hear of any government help in those projects.
How is a small nuclear reactor going to run cars? This is coming from an ev driver. How about investing in our own oil industry, because, let’s be honest, it’s not going anywhere anytime soon. Instead we send our oil to be refined elsewhere then buying it back at high rates and hurt us, just do it in our own country and sell it abroad, especially since we have the 4th largest oil reserves on the planet. Lowering fuel costs lower costs of a lot of things as long as we actually hold companies responsible. And before you say everyone just get evs, they are expensive and not a lot can get one.
What we should actually be doing is nationalizing our oil industry, and then using the money it produces to fund a transition towards clean energy. Of course, that’s never going to happen under neoliberalism.
Sadly, that won’t happen with anyone. People are corruptible. It would have to be a system that can’t be used for financial gain for any one individual or group. But I agree with you nonetheless. The worst part is that it wouldn’t be all that hard, but the ones in charge will not relinquish for our betterment.
I mean look at China successfully transitioning towards clean energy using state owned enterprise. These things are certainly possible to do. The problem is that our political system creates all the wrong incentives.
I think that’s what the original post was implying but yeah it’s two fold.
Only way to reduce prices is to reduce demand. Small modular nuclear reactors are the way and we have companies in Canada working on them yet I don’t hear of any government help in those projects.
How is a small nuclear reactor going to run cars? This is coming from an ev driver. How about investing in our own oil industry, because, let’s be honest, it’s not going anywhere anytime soon. Instead we send our oil to be refined elsewhere then buying it back at high rates and hurt us, just do it in our own country and sell it abroad, especially since we have the 4th largest oil reserves on the planet. Lowering fuel costs lower costs of a lot of things as long as we actually hold companies responsible. And before you say everyone just get evs, they are expensive and not a lot can get one.
What we should actually be doing is nationalizing our oil industry, and then using the money it produces to fund a transition towards clean energy. Of course, that’s never going to happen under neoliberalism.
Sadly, that won’t happen with anyone. People are corruptible. It would have to be a system that can’t be used for financial gain for any one individual or group. But I agree with you nonetheless. The worst part is that it wouldn’t be all that hard, but the ones in charge will not relinquish for our betterment.
I mean look at China successfully transitioning towards clean energy using state owned enterprise. These things are certainly possible to do. The problem is that our political system creates all the wrong incentives.