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[-] Nougat@kbin.social 3 points 1 year ago

Banks, yeah I agree with that. Oil is more complicated. When oil prices go up, the price of everything goes up, sometimes dramatically.

I'm not saying oil subsidies are a good thing, just that a lot more care needs to be taken with eliminating them.

[-] JayDee@lemmy.ml 5 points 1 year ago* (last edited 1 year ago)

I don't really see your point. Oil companies jack the price of oil up anyway, regardless of subsidies. The subsidies seem to only allow oil companies to expand their enterprises on US citizens' tax dollars (apologies if your in a different country, just change "US" to wherever you live). We're literally funding the expansion of industries that are actively killing our planet.

From another perspective, the only reason everything rises in cost when oil prices raise is due to oil dependance. It would be a momentary hardship, but oil prices rising would be a strong incentive for individuals and businesses to become oil-independant, which would mean using greener means of transportation, lowered plastic use, etc. It's actually long-term the best thing we could be doing right now.

this post was submitted on 04 Sep 2023
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Antiwork

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A community for those who want to end work, are curious about ending work, want to get the most out of a work-free life, want more information on anti-work ideas and want personal help with their own jobs/work-related struggles.

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