#NationalizeBigOil
#PolluterPaysPrinciple

(5/5)

...(What the study only touches on peripherally is that energy demand is also growing disproportionately.)

In fact, I'd argue that the positive incentive and drive that eminated from the Paris COP far exceeded any negative external shock in recent decades, maybe comparable to the negative one of the 1970's #OilPriceCrisis in magnitude.

https://eciu.net/analysis/reports/2025/10-years-post-paris

//

@forthy42 @Bellingen

#NationalizeBigOil
#PolluterPaysPrinciple

(4/5)

...#StromkosteAusgleichsgesetz2025:

https://kontrast.at/strompreis-gaspreis-oesterreich-regierung/

And these "shocks" do not necessarily have to be negative: as the #ECIU in London recently analyzed in a report, ten years after COP 2015, the world is in some respects already further ahead than it “should” be in 2035: 41% #renewableenergy vs. a forecast 38% in 2025...

@forthy42 @Bellingen

#NationalizeBigOil
#PolluterPaysPrinciple

(3/n)

...the lowest-income percentiles of a population the hardest, as they spend more on consumption than the richer percentiles. In economic terms, it is regressive.
Just look what happened to grain exports to Africa, when Ukraine could not deliver due to the war.

Take #Austria as a postive counter example. It even strives for more social equality regarding energy prices with a comprehensive new law, the...

@forthy42 @Bellingen

#NationalizeBigOil
#PolluterPaysPrinciple

(2/n)

...price shock, the war in #Ukraine and the destruction of the Nordstream pipeline let energy prices peak in the #EU. Another example was the major disruption of global supply lines by the #Covid-19 #pandemic.

And even a planned "#ShockTherapy" does not bode well for many economies, here's a look at the disastrous #Russian 1991 example of #BorisYeltsin:

https://mastodon.social/@HistoPol/110486678385992086

Also, (sudden) price hikes usually hit...

@forthy42 @Bellingen

RE: https://mastodon.social/@HistoPol/110486678385992086

#NationalizeBigOil
#PolluterPaysPrinciple

(1/n)

@forthy42

"Anyone who owned these stocks was colluding."

Morally, yes, maybe. In the criminal justice systems I am (rather superficially) aware of, ownership in a legal enterprise, in particular one quoted on a public stock exchange, is never a crime.

" And a shortage of oil also sends a sense of urgency."

Yes, this will happen, however, as we all saw by the most recent external energy-...

@Bellingen

@rahmstorf

#Klimakrise
*#BigOils Verrat an der Menschheit *

(3/n)

...die sie verursacht haben.👈

Es ist an der Zeit, dass sie für alle Schäden nach dem #VerursacherPrinzip haften!

Alle westlichen Öl-Multis sollten deshalb 👉nach dem norwegischen Modell verstaatlicht werden, da ihr Vermögen für die kumulierten Schäden kaum ausreichen wird👈:

👉 #NationalizeBigOil👈

3)
https://mastodon.social/@HistoPol/110260341715481960

Hier...