Tim:
Some are decrying the loss of millions of jobs if the Big Three go belly up. Will they cry as loud if Big Oil cuts jobs as we move to electric, or hydrogen (or manure based) cars?
Just wondering.
jfleck at inkstain
A few thoughts from John Fleck, a writer of journalism and other things, living in New Mexico
The issue, of course is what takes the place of those jobs and over what time scale. In the case of the Big Three, nothing, and within 2 months and then it cascades down to the part suppliers and grocers and…..
Tim is either very stupid or very well paid. Replacing fossil fuels (actually Eli doubts they will ever be replaced as feedstock for the fertilizer and chemical industries) will take place over decades and the replacement technologies will employ similar numbers or more people.
Fishing for an effect John?