Great news. We need a "ratchet law" that only allows the price of fossil fuels to go up, never down.
If the crude price goes down, excess profits go to subsidize research and infrastructure to replace fossil fuels.
Great news. We need a "ratchet law" that only allows the price of fossil fuels to go up, never down.
If the crude price goes down, excess profits go to subsidize research and infrastructure to replace fossil fuels.