Ye true skeptics and naysayers. Don't believe what the politicians and the people who want to sell you the word "Green" are filling your heads with, along with promises of more money. The government does not subsidize OIL. OIL is subsidizing the government. What will happen if OIL goes away? Why is our government fighting wars to keep OIL? Japan attacked Pearl Harbor to destroy the ships that were routinely blockading them from getting OIL. Go on opensecrets.org and read the fine print, not what is highlighted. Then read the financial reports and filings of the hundreds of oil companies and see how much they pay in taxes. I, personally, think the taxes on gasoline are too low. We waste as much as we use. But then, what happens when OIL is no longer king? Raiding Medicare and everyone's retirement funds (I still have my IOU) like we did under Reagan won't help. Maybe everyone will have to start paying their fair share for living in the US. Especially the moneychangers (I don't mean banks), who do nothing productive for the country.
Most of the cost of gasoline we pay at the pump is taxes. Whatever takes the place of gasoline, won't it have to cover this loss of income to the government?
Global Warming: Investment Implications [View article]
Maybe the acidification of the oceans is because there is over a hundred undersea active volcanos that weren't around fifty years ago. Maybe they're heating up the water.
On Aug 20 11:46 AM redavenger wrote:
> How do you reject the fact of ocean acidification (de-alkalinization) > due to C02 absorption? Or do you also cavalierly dismiss this dire > threat to the world ecosystem? Or are you even aware of it in your > smug complacency?
Global Warming: Investment Implications [View article]
CO2 absorbs heat when released from a pressurized tank. CO2 absorbs heat when it sublimates (dry ice to gaseous CO2). Water absorbs heat when it evaporates (when you sweat or in evaporative coolers). The CO2 that I exhale doesn't absorb heat (unless it's over 100 degrees out).
Exxon May Be Wrong… [View article]
The government does not subsidize OIL. OIL is subsidizing the government. What will happen if OIL goes away? Why is our government fighting wars to keep OIL? Japan attacked Pearl Harbor to destroy the ships that were routinely blockading them from getting OIL.
Go on opensecrets.org and read the fine print, not what is highlighted. Then read the financial reports and filings of the hundreds of oil companies and see how much they pay in taxes.
I, personally, think the taxes on gasoline are too low. We waste as much as we use. But then, what happens when OIL is no longer king? Raiding Medicare and everyone's retirement funds (I still have my IOU) like we did under Reagan won't help. Maybe everyone will have to start paying their fair share for living in the US. Especially the moneychangers (I don't mean banks), who do nothing productive for the country.
Exxon May Be Wrong… [View article]
Global Warming: Investment Implications [View article]
On Aug 20 11:46 AM redavenger wrote:
> How do you reject the fact of ocean acidification (de-alkalinization)
> due to C02 absorption? Or do you also cavalierly dismiss this dire
> threat to the world ecosystem? Or are you even aware of it in your
> smug complacency?
Global Warming: Investment Implications [View article]
CO2 absorbs heat when it sublimates (dry ice to gaseous CO2).
Water absorbs heat when it evaporates (when you sweat or in evaporative coolers).
The CO2 that I exhale doesn't absorb heat (unless it's over 100 degrees out).