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That would be government micromanaging and considering individual methods of extraction - My personal belief is that government should be higher level. Ie. focus on the externalities.

High taxes on fossil fuels would make not profitable to extract in complex ways.




This is also about externalities : these two sources already have quite a lot of them even without considering the greenhouse effects.

They are also less effective than the (foreign) alternatives, and it becomes impractical to differentiate at the very end of the chain, when it all been blended together and processed... This in theory should be handled by market forces, but in practice it doesn't seem to work : the US tight oil industry has been losing money almost every year since its restart in the oughties, yet somehow keeps getting funded : is this the next big Wall Street scam after subprime mortgages, funded with bank bailout money ??




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