Changing your business model costs money and carries some inherent risk, and businesses hate risk. Its why theres so many sequels, spinoffs, and adaptions in theaters. Sure they could fund more Sinners'... but Fast and the Furious 35: Wheelchair Wheelies has a guaranteed audience.
Showerthoughts
A "Showerthought" is a simple term used to describe the thoughts that pop into your head while you're doing everyday things like taking a shower, driving, or just daydreaming. The most popular seem to be lighthearted clever little truths, hidden in daily life.
Here are some examples to inspire your own showerthoughts:
- Both “200” and “160” are 2 minutes in microwave math
- When you’re a kid, you don’t realize you’re also watching your mom and dad grow up.
- More dreams have been destroyed by alarm clocks than anything else
Rules
- All posts must be showerthoughts
- The entire showerthought must be in the title
- No politics
- If your topic is in a grey area, please phrase it to emphasize the fascinating aspects, not the dramatic aspects. You can do this by avoiding overly politicized terms such as "capitalism" and "communism". If you must make comparisons, you can say something is different without saying something is better/worse.
- A good place for politics is c/politicaldiscussion
- Posts must be original/unique
- Adhere to Lemmy's Code of Conduct and the TOS
If you made it this far, showerthoughts is accepting new mods. This community is generally tame so its not a lot of work, but having a few more mods would help reports get addressed a little sooner.
Whats it like to be a mod? Reports just show up as messages in your Lemmy inbox, and if a different mod has already addressed the report, the message goes away and you never worry about it.
It’s simpler than that: the rich support the industries that enabled them to get rich, whatever they are; and when a new industry finally does supplant them, a new group will get rich and oppose the next advance.
That’s the cost of privatized infrastructure.
Renewable energy (at least wind and solar) is decentralized.
It doesn't need a huge corporation to build it, with enough bargaining power to blackmail the state.
This feels a little truer than OP's take. Even if oil were renewable, the steps to transform it from crude to something usable are beyond "normal" peoples abilities to just set up in the backyard.
Someone has been watching Technology Connections :p
The rich oppose anything that has a a smaller return of investment.
The rich oppose any enablement of the masses.
LINE MUST GO UP!
It's not just that though. Sure it's a decent rate of return but what is keeping your market cap/share high enough to maintain high investment?
Making money is secondary to selling stock
High stocks tend to be tied to high ROI. Meme stocks excluded.
The rich oppose clean energy..
Bit of an broad generalization.
Why do you think they are pushing for Hydrogen?
It's made from oil.
You realise hydrogen comes from water right? You know, the thing made of hydrogen and oxygen? H2O? Why would it come from oil?
Because it's cheaper to pull it from fossil fuels.
At present, approximately 96% of global hydrogen production relies on fossil fuels, contributing to substantial emissions, while only 4% comes from water electrolysis. Green hydrogen, produced via electrolysis with 55–80% efficiency, remains expensive at $2.28–7.39/kg, compared to grey hydrogen at $0.67–1.31/kg, which generates 8.5 kg CO₂ per kg of hydrogen production.
https://www.sciencedirect.com/science/article/pii/S0360319925000382
If you were Shell or BP would you spend billions developing new production facilities to split Hydrogen off stuff or use your existing multibillion euro fossil fuel production facilities?
I completely forgot about hydrogen cars. What a strange middle man between electricity and oil.
Correct. Scarcity increases the value of a commodity. Which means renewable energy simply isn't profitable enough.