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koreamax t1_j6byue5 wrote

Because the economy would collapse if it didn't. It's not as simple as just getting rid of oil.

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SandAndAlum t1_j6c1p7y wrote

So oil is making the wealthy parts of their society money and they don't want to. Gotchya.

Seems like the solution is to stop them making money until they figure out a better answer.

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koreamax t1_j6c2o7l wrote

Oh to be young and naive.

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SandAndAlum t1_j6c3n22 wrote

You've got the second part down if you believe that subsidizing oil infrastructure with public money whilst oil companies make record profits is the only possible way to have a stable society.

If they have an operating profit, they don't need subsidy, they need to pay for it themselves. If they don't want to after knowingly signing the death warrants of hundreds of millions for the last 50 years, seize their assets and throw them in jail.

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