Prepare for some tried and true industry rhetoric/propaganda to justify and prolong oil and gas drilling in the Gulf of Mexico. I've got a thread for ya with a few I've seen deployed like clockwork. 🧵⤵️ 1/
https://twitter.com/oceanindustries/status/1441384321135398912
1. "Revenues/royalties will fund coastal restoration."
Classic hostage situation. If you don't do this, then you won't get this. Public goods conditional on private profit. 2/
Classic hostage situation. If you don't do this, then you won't get this. Public goods conditional on private profit. 2/
Instead, let's focus on those Parish lawsuits that seek to make the industry pay for the coastal land loss we all know it caused! Pay for the mess you made, jerks! I dunno get the DOJ involved...just spitballing!
3/
thelensnola.org/2013/07/23/sci…
3/
thelensnola.org/2013/07/23/sci…
2. "The OCS oil and gas industry is a job creator and the backbone of Louisiana's economy."
Another hostage tactic! And very much UNTRUE.
Production has doubled on the OCS in the last ten years while drilling jobs tanked. Increased production will not result in jobs. 4/
Another hostage tactic! And very much UNTRUE.
Production has doubled on the OCS in the last ten years while drilling jobs tanked. Increased production will not result in jobs. 4/
3. "ReVeNuEs!!!!"
1 - Look to #MMT - you do NOT need revenue when you have fiat currency.
2- Increase royalties & I guarantee they will lower bids.
3- You know what's a good cut? 100% of the bag, baby! Nationalize and wind them down. truetransition.org 5/
1 - Look to #MMT - you do NOT need revenue when you have fiat currency.
2- Increase royalties & I guarantee they will lower bids.
3- You know what's a good cut? 100% of the bag, baby! Nationalize and wind them down. truetransition.org 5/
4. "If we don't drill, someone will and our crude is much lower in carbon."
Diet carbon. Carbon Lite. This is a new spin on a classic. Everyone is doing it fallacy with a modern twist. 6/
Diet carbon. Carbon Lite. This is a new spin on a classic. Everyone is doing it fallacy with a modern twist. 6/
A continued “all of the above energy strategy” is an inherent paradox. Crude oil is a direct substitute for electric transportation & natural gas powered utilities are a direct substitute for offshore wind. These programmatic missions are in direct competition. 7/
Policies that continue oil and gas development necessarily delay the transition to renewable energy and risk those project investments. It in fact CARBON INTENSIVE to keep on drilling for oil and gas. Crazy, I know. 8/
So what to do instead?
1. End new leasing.
2. Wind down the existing program & take over insolvent operators.
3. Employ workers directly in a new Abandoned Well Administration.
4.Let the USACE build and maintain its own dredge fleet.
5. Pivot to offshore wind.
1. End new leasing.
2. Wind down the existing program & take over insolvent operators.
3. Employ workers directly in a new Abandoned Well Administration.
4.Let the USACE build and maintain its own dredge fleet.
5. Pivot to offshore wind.
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