Joe Barton got it half right | 6 comments (6 topical, 0 hidden)
no point in denying global warming (none / 0)
Why do so many Republicans insist that human-induced global warming is not happening?  Is it because the oil companies that fund their campaigns want to squash legislation that tackles the issue? This seems really dumb. I think that even if every Congressman and Senator in the US had the same take on the issue as Al Gore, every economically accessible gallon of crude oil in the Earth will eventually by pumped our by an oil company and sold.  With new laws that seek to limit CO2 emissions, the consumption of all this oil might take longer, but it will happen, and the oil companies will still make their money.

David

by yturks on 04/25/2009 10:37:03 AM EST

the norm coleman strategy (none / 0)
The oil companies know that they have lost the intellectual battle.  Now they are simply fighting to delay the inevitible restrictions and extra costs that will come.  They are playing a delaying tactic to make as much money NOW as possible.  Yeah, they'll still make money, but not as MUCH money and they'll be competing with sun, wind, and geothermeral.

Interesting thing about people that work with renewable resources.  They take a very long view of profitability.  If you ruin your soil, you won't make money next year.  If you don't replant trees, you won't make money next century.

People who work with non-renewables don't have view.  They have no incentive to take a long view.  They are the wall-streeters of the resource world.  :)

A wire in the fire room

by blueheartinaredstate on 04/25/2009 03:07:51 PM EST

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Joe Barton got it half right | 6 comments (6 topical, 0 hidden)