Subventions against increasing oil priceSubventions to decrease the demand for crude oil can be highly profitable for the industrial countries by damping the increase of the oil price.
Electric scooters powered by solar energy are profitable for all with enough education to understand the term "Total Cost of Ownership" and with enough liquidity to get an credit for the purchase. Solar pumping stations in the agriculture are profitable. The farmer has to have only the chance for a credit to get it.
When the oil price is by reducing the demand only single US$ less, the subventions to reduce the demand can be up to $30 billion.
There is in the next years a very simple intelligence test for governments. Just look, give they subventions for crude oil of for the exit from oil. The most stupid what a government can to is to reduce taxes for fuel, to slow down the exit from oil. |