Their money is a big part of their power. We need some wedge in there to be able to take more and more of their power away eventually. What’s still happening right now is that they extract money from society and use a small amount of that to pay dividends to people with political/judicial power.
In that sense: Taxing exploration and extraction can be a gateway for more, including criminal justice. But we do need to get over that initial hump.
It can… but it won’t. As the other commenter said, they’ll just squeeze the money out of other parts of the supply chain. Either by going even cheaper on safety and emissions (causing more problems) or squeezing their workers out of money.
These companies have decades, if not centuries, of practice in ensuring they can maximize their profit in any way possible. Taking a nibble here and there isn’t going to do shit for the overall problem.
Their money is a big part of their power. We need some wedge in there to be able to take more and more of their power away eventually. What’s still happening right now is that they extract money from society and use a small amount of that to pay dividends to people with political/judicial power.
In that sense: Taxing exploration and extraction can be a gateway for more, including criminal justice. But we do need to get over that initial hump.
It can… but it won’t. As the other commenter said, they’ll just squeeze the money out of other parts of the supply chain. Either by going even cheaper on safety and emissions (causing more problems) or squeezing their workers out of money.
These companies have decades, if not centuries, of practice in ensuring they can maximize their profit in any way possible. Taking a nibble here and there isn’t going to do shit for the overall problem.