I had a thought. The depletion allowance for the oil
companies is to compensate them for the depletion of the resource. (15% of
gross revenue) We all know that oil is finite - we are transitioning to the
harder to get oil. I wish there was a way to divert the depletion allowance to
require the oil companies to invest in solar, and sustainability. This is a
business decision, and some of the oil companies are doing this - BP Solar for
instance. The depletion allowance provision in the tax code needs to be re-written
to encourage investment in longer term energy sources.