@ShadSterling@mastodon.social
@Npars01@mstdn.social @thomasfuchs@hachyderm.io the thing I donβt get is why donβt they shift their focus and become energy & chemistry companies? If customers want non fossil energy sources, theyβll end up buying them somewhere, why arenβt the fossil energy companies making the switch to sell those?
@Npars01@mstdn.social
@ShadSterling@mastodon.social @thomasfuchs@hachyderm.io
Remember the transition from horses to automobiles & bicycles.
Both innovations eradicated millions of jobs.
Buggy whip makers. Farriers. Carriage, cart & wagon makers. Blacksmiths. Saddle makers. Horse breeders. Hansom cabs. Manure collectors. Horsehair upholstery makers.
These industries vanished because there was no longer a desire to buy their products. Their markets vanished.
The fossil fuel industry doesn't want what they did, to happen to them in turn.