How will oil companies lose a lot of money because of CO2 emission reductions?



  1. 0 Votes

    When companies are limited on how much CO2 they can produce and they make a product that involves a lot of CO2 emissions, they must either scale back their production or install expensive equipment to reduce their CO2 emissions or some combination of both. Many companies will choose to simply lower their production. This means that they will buy less petroleum, and the oil companies will lose money.

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