Financing the oil exit

In the agriculture are subventions for no production usual to stop price decay by over producion. Exactly the opposit is necessary is for the to small offer of the oil market.

  Coalition of the oil exit countries

All countries suffering by the high oil price should unit to a coalition of oil exit countries. An international organization for the oil exit should be founded.

  Budget for the oil exit

Each country of the organization finances with a scheduled percentage of the own oil expenses. The percentage depends on the oil price.

Oil price from to Percent Oil pruduction Budget from Budget to
$100 $149 3 % 80 Millions/day 87 billion US$ 131 billion US$
$150 $199 4 % 75 Millions/day 219 billion US$ 291 billion US$
$200 $249 5 % 70 Millions/day 255 billion US$ 319 billion US$
$250 $350 6 % 65 Millions/day 355 billion US$ 427 billion US$
$300 $349 8 % 60 Millions/day 525 billion US$ 613 billion US$
$350 $399 10 % 55 Millions/day 706 billion US$ 803 billion US$
$400   15 % 50 Millions/day 1095 billion US$  

  Lock against decreasing oil prices

The percentage is always determined by the highest ever of the oil price. In the moment, it's only possible to slow down the increase, but when the industrial base is built up to execute counter measures in large scale, the oil price will decrease.

Crude oil politics and the urgent exit from crude oil
How many times has the cycle oil price explosion recession to take place, until politics and economy realize, that a stable economy is only possible with renewable energy.

  Oil exit

Take demand pressure out of the oil market, slow down the increase of the oil price, more is at -4% less oil production per year short-term not possible. Change to a world without crude oil.

Being poor is expensive
Because of lack of trust from the bank, a poor can not finance profitable improvements and has to spent excessively money for obsolete technology.

Main task credits
Credit quarantees and interest support will be the main task of the organization for oil exit. The interest support will be a main part of the budget.

Shipping without crude oil
Just right now, shipping uses 7,29 Million barrel a day. Depending on size and required range, 0 oil consumption will be achieved by hydrogen, methanol or lithium batteries.

Negligence in oil exit: 2 times BAWAG harm per day
We will have a legal proceeding with a unbelievable high amount of harm. Just right now, the BAWAG case about speculation upset Austria, but this had been peanuts.

Omission resulting in death Omission resulting in death
The omission to follow the IEA study about measures against a fast increasing oil price can be fast much more than only an economic damage.

Context description:  crude oil exit
politics political