Welcome to Tesla Motors Club
Discuss Tesla's Model S, Model 3, Model X, Model Y, Cybertruck, Roadster and More.
Register

Is big oil getting desperate?

This site may earn commission on affiliate links.
Big Energy has been using this approach for years. The flaw in this approach is that these analyses are not (usually) general equilibrium assessments. What does that mean? These "create 9.1 million jobs" claims simply assume that investment funds appears to drill/pump/refine/etc. There's no investigation, though, of what else those $billions would have been doing otherwise. It turns out that the oil&gas industry has a relatively low ratio of employment per investment dollar. For example, if you add a billion dollars of investment in wind farms (and associated manufacturing), you create more jobs than if you add a billion dollars of investment in oil&gas.

Lots of research done on this subject, including:
PERI Institute at UMass Amherst: Clean Energy Investment and Jobs
Roland-Holst and Kahrl, UC Berkeley: Clean Energy and Climate Policies
 
This sounds pretty desperate: The American Coal Foundation literally (though indirectly) pays schools to teach 4th graders a one-sided view of the coal industry, ignoring its negative effects on the environment and human health.

Coal Curriculum Called Unfit for 4th Graders - NYTimes.com

Article said:
What they do not mention are the negative effects of mining and burning coal: the removal of Appalachian mountaintops; the release of sulfur dioxide, mercury and arsenic; the toxic wastes; the mining accidents; the lung disease.

“The curriculum pretends that it’s going to talk about the advantages and disadvantages of different energy choices, to align with national learning standards, but it doesn’t,” Mr. Bigelow said.

“The fact that coal is the major source of greenhouse gases in the United States is entirely left out,” he said. “There’s no hint that coal has any disadvantages.”

In a statement, Ben Schreiber, a climate and energy tax analyst at Friends of the Earth, called the curriculum “the worst kind of corporate brainwashing.”