Don't kid yourself, alternative fuels are going nowhere anytime soon, but stricter regulation and some form of carbon trading are imminent.
Name the oil companies that have invested in Al Gore's GIM Hedge Fund for carbon trading. Oil companies are playing every possible angle. Knowing that more regulation, fuel additives, and carbon trading are imminent they are positioning themselves to profit from all of it. As well as getting new tax credits for making refineries more "green". Can you name the industry that gets over 50% of the "green" tax credits in the U.S each year? Why it is traditional energy companies.