• Pipoca@lemmy.world
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    1 year ago

    The article basically amounts to “12 billionaires own a bunch of gas company stock”.

    My point is that

    1. The article is pulling a fast one to make it sound like the private jets and yachts are the problem if you don’t actually read the article carefully.

    And

    1. The solution to the problem of emissions from oil sold by oil companies is the same regardless of if the oil company owned by a billionaire, the Saudi king, a communist government or if they’re a worker owned co-op. It’s the same if it’s 1 big company, or 100 smaller oil companies. The problem is pumping and burning oil, not who profits from it.

    Billionaires are a problem, but they’re not really the problem here. If you threw these 12 billionaires into a gulag tomorrow and sold their yachts and private jets as scrap, the emissions identified here would be barely impacted.

    Because, again, the article is dressing up the problem of oil companies as being the problem with billionaires.