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The sad thing is that the Oil Industry is well positioned to solve this problem. They have a workforce that's skilled at building offshore structures that could building off shore wind farms. They have people skilled at drilling who could be developing geothermal energy. They have chemical engineers, pipelines, and tankers which could be used to create and distribute hydrogen based fuels.

And they most certainly have the financial resources needed to make that transition.

They all like to market themselves as being in the "energy industry" instead of the oil industry. They could actually do that. Become green energy companies.

Only problem is that this would cost them their quarterly profits. Long term they'd be able to dominate the green energy market instead of being replaced by it.

But they simply aren't thinking long term at all. It's really insane when you think about it.