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Strategies & Market Trends : Technology Stocks & Market Talk With Don Wolanchuk -- Ignore unavailable to you. Want to Upgrade?

To: Winfastorlose who wrote (190334)	5/27/2023 4:50:52 PM
From: D.Austin	6 Recommendations Recommended By Hugh Bett IC720 isopatch robert b furman roguedolphin and 1 more member Respond to of 208228

Worth a few more words from that article, Win. Fossil Fuel Industry Failures Let’s suppose that back in the mid-1960s, oil companies were presented with a theory that fossil fuel emissions would cause the climate to warm. Wouldn’t their first rational response be to question this theory? The real crime, if you want to call it that, isn’t that oil and gas companies questioned climate change theories back in the 1960s or ’70s. It’s that they’re accepting them now. Oil and gas companies today are not willing to challenge the climate crisis orthodoxy, or the myth of cost-effective renewables at scale. They aren’t willing to devote their substantial financial resources to debunking this agenda-driven madness that is on the verge of taking down our entire civilization. The fact that America’s oil and gas companies have adopted a strategy of appeasement is a crime against humanity. The fact that these companies are failing to make long-term investments to develop new oil and gas fields, and instead are reaping windfall profits as they sell existing production at politically inflated prices, that, too, is a crime against civilization. My bet is that the big bad oil companies over many years of experience, know how to play with wackos. The alternative energy strategy is an economic disaster.