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So i think part of what is going on here is the industry is reflecting the demands of their stockholders. you mention the difference between that is better to do buy—backs and payback dividends, but at least one of the big five is actually paying out more in dividends back to shareholders than it is investing in renewables. some will say isn't that short—sighted? possibly. but i think there is also a poor understanding of how difficult energy transition really is. transforming the world from where we are today, to a world of net zero, is a huge, costly and very risky effort. the market its...

I think it's outrageous. they used the record profits to buy back their own stock, rewarding their ceos and shareholders. corporations ought to do the right thing. that is why i propose we quadruple tax on corporate stock buy—backs and encourage long—term investment. critics say these profits are the windfalls of war, but share buy—backs and pumped—up dividends have raised questions about why they don't put money into renewable security. they could even be a survival strategy for the energy demands of tomorrow. rather than hydrocarbons accounting for 85% of the energy mix, as they do t...

The price of oil is set in the world market, the industry itself cannot lower the price, only thing it can do is produce more oil. in recent weeks some of the big oil companies have been distributing these record profits to shareholders. what's driving them to do that, rather than investing more of it into green technologies, refineries, exploration? investors are demanding access to this capital and equity that they get their rate of return on their investment. it is not a bad way to reward investors through buy—backs, it's better than dividends, because dividends create the expectation tha...

And shareholders. corporations ought to do the right thing. that is why i propose we could quadruple tax on buy—back stock and encourage long—term investment. critics say these profits are windfalls of war, but share buy—backs and pumped—up dividends have raised questions about why they don't put money into renewable security. they could even be a survival strategy for the energy demands of tomorrow. rather than hydrocarbons accounting for 85% of the energy mix as they do today, it will maybe be 40—60% of energy mix by the middle of the century. the successful oil and gas companies t...

Of the oil industry, the price is set in the world market, the industry itself cannot lower the price, only thing it can do is produce more oil. in recent weeks some of the big oil companies have been distributing these record profits to shareholders. what is driving them to do that, rather than investing more of it into green technologies, refineries, exploration?— refineries, exploration? investors are demanding — refineries, exploration? investors are demanding access _ refineries, exploration? investors are demanding access to - refineries, exploration? investors are demanding access t...