aquaculture

Shareholders Win; Environmentalists Lose at Exxon Meeting

Green chip stock guru Jeff Siegel puts it this way:

"Renewable energy opponents often make the argument that if it can't work without subsidies and tax breaks, then it must not be a good business model.
We could'nt agree more.
So lets cut every last cent that you and I (the taxpayers) pay to the oil companies via all those tax breaks, subsidies and overall support.
Why should any of us have to pay TO SECURE THE SHIPPING LANES so they can move that oil from point A to point B.
Thats an operational expense folks, not a justifiable tax!
Let the oil companies pass that cost- a cost they must incur to do business- on to the consumer.
Let the price of everything we eat, consume, transport triple or quadruple and then see how fast alternatives fill the void!
Let them pay to find more oil too. That's not our job.
eg in 2006 U.S. taxpayers loaned more than 2 $ Billion directly to oil companies to help them extract, refine and transport oil in Algeria, Colombia and Russia. How does that make you feel?"

"Common sense and shareholder value won out over suspect science and hysteria."

Common sense?
Denmark (windpower) joined your country in designing an energy-smart electr. personal transportation system.
PHEV electr. driving is @ 54 $ cents/gallon gas eq. in the U.S.

Shareholder value? On a Green chip recommendation I added prior Q1 2008 Vestas (VWS) @ 68, now 86 Euro's

Suspect science? uggh..............

What hysteria? Goldman Sachs' 200 $/barrel oil? Super price spikes? Major supply disruptions? Iran?