Trump administration rolls back greenhouse gas regulations so far even oil companies object

[–] ScorpioGlitch 1 points (+1|-0)

So if the oil companies are supporting the regulations, we don't need them to be regulations. That's just more overhead and crap for the federal government to deal with. `

[–] smallpond [OP] 2 points (+2|-0)

From memory, only the big oil companies like the regulations because they are anti-competitive, and they already have the tech in place to comply. Small oil companies and the industry in general would prefer to be able to pollute freely with minimum cost.

[–] smallpond [OP] 1 points (+1|-0)

[–] [Deleted] 1 points (+1|-0)

Edited

That's because red tape, or regulatory rules, often work to benefit larger, long standing companies who have the money and infrastructure to abide by them. They work as a natural barrier to keep new upstarts out of the industry.

Bingo, I applaud the writer for including. This crony capitalism technique spans all industries.

Trump administration rolls back greenhouse gas regulations so far even oil companies object

4 comments

/s/Climate