The hidden costs of fossil fuels / by kevin murray

First, it must be said that society would in all probability, not have advanced so far and at such a rapid pace if it had not been for the industrial revolution, and thereby the usage of fossil fuels, for energy, for products, for industry, for research and development, and basically for every conceivable material thing that nowadays we typically take for granted. Further to the point, modern society as currently constructed, is absolutely beholden to fossil fuels, and to disassociate itself from such, at a reasonable cost and in a reasonable pace of time, is currently problematic, at best. Additionally, there isn't really any abiding necessity that society needs to totally forsake fossil fuels, but rather it should take the responsible position, that the true cost of fossil fuels should not be hidden or be opaque, but should to the degree, possible, be transparent, which thereby would make appropriate policies by governments and corporations much more sensible and less subject to the inevitable obeisance to favorites and to outright market distortion.


After all, the true cost of fossil fuels should fairly reflect environmental damages of all stripes and ilks, cancer causing agents, and pretty much everything of relevance that is harmful; of which, those costs should be part and parcel of representing the true cost of doing businesss with that fossil fuel. Further to the point, it is up to the government to hold the responsible corporate entities, feet to the fire, for the economic and monetary power that the largest fossil fuel companies currently have is so great, that government is the only party that has the power to hold them in line, and this must be accomplished via robust governmental policies, as opposed to that government, of, for, and by the people, being co-opted by those corporate entities so that they fail to meaningfully regulate such on behalf of the people.


The bottom line is that most corporations are about extracting as much profit as they can from the products that they are selling, of which, quite obviously, doing what needs to be done to protect the environment, and to be a good corporate citizen is typicallynot foremost in that mindset, though through good governance it should definitely be an appreciable part of the equation. In short, fossil fuels, by their very nature, necessitate a meaningful disturbance of the land in order to forcefully extract the product from that land. While it must be said that the expertise in extracting such, has never been greater, it must also be said, that for-profit companies are known for their reluctance to pay the full freight of the true impact of that extraction.


In fact, to make the argument in a different way, it could be said that what the land so holds, should be in the collective ownership of those that are citizens of that land, of which, therefore, those that desire to extract fossil fuels from that land, should be restricted to providing the tools, eqiupment, and expertise for such, subject to the conditions, rules and regulations, and royalty thereby agreed to by those that legislate on behalf of the people, for the fossil fuels subsequently generated and produced. In other words, why should today's massive corporations be permitted to extract all that they can from the land for private or stockholder profit, without equally being held fully accountable for the negative consequences of that extraction, in the here and now, and thereby subject to paying the full consequence?