Soaring Temperatures, Soaring Profits: Exxon Happy
Amid all this crazy talk of economic problems around the globe and that irrational fearmongering about so-called “Global Warming”, our hearts should be warmed to hear that Exxon-Mobil is about to announce the largest corporate profits in world history: $39 billion in 2007, $10.37 in the fourth quarter, just $111 million per day, just $4.4 million per hour, and a paltry $73,000.00 per second.
I read yesterday that Germany will be all solar by 2050.
Norway plans to be 100% renewable energy by 2030.
But $420 billion in subsidies from 2011 to 2050 would be required to fund the infrastructure and make it cost-competitive.
That’s roughly almost a year in Iraq.
Those who live in oilandia are the leftbehind.