Follow Up Article: The Unintended Consequences of Divestiture
I would like to see a discussion on the unintended consequences of divestiture in fossil fuels and the impact on all of the other industries that rely on this product — perhaps a discussion on what happens when you require an entire industry that supports 10.3 million jobs in the U.S. and accounts for nearly 8 percent of our GDP to scale down, as opposed to an industry that typically scales up to achieve economies. Can we assume in our calculations that all other products that derive their existence as a result of their dependency on this industry will remain the same? Some might argue that with a greater supply, the price of this industry’s product would decrease. We should see the math.
Once you go down this path, you’d better have a plan in place when a natural disaster wipes out your solar or wind farm, servicing homes and businesses for millions of people.
I would like to see a discussion on the unintended consequences of divestiture in fossil fuels and the impact on all of the other industries that rely on this product — perhaps a discussion on what happens when you require an entire industry that supports 10.3 million jobs in the U.S. and accounts for nearly 8 percent of our GDP to scale down, as opposed to an industry that typically scales up to achieve economies. Can we assume in our calculations that all other products that derive their existence as a result of their dependency on this industry will remain the same? Some might argue that with a greater supply, the price of this industry’s product would decrease. We should see the math.
Once you go down this path, you’d better have a plan in place when a natural disaster wipes out your solar or wind farm, servicing homes and businesses for millions of people.