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Just the market regulating itself
(lemmy.ml)
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this post was submitted on 30 Apr 2026
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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.