Re: Shell Oil, Mother Jones reports:
Shell’s profits have climbed to $14 billion for the first half of 2024 after its decision to focus on fossil fuels over low-carbon energy delivered stronger than expected earnings for a second consecutive quarter.
Europe’s biggest oil and gas company rewarded its shareholders with a further $3.5 billion in share buybacks after reporting adjusted earnings of $6.3 billion in the three months to the end of June.
The latest results, which have taken the company’s total profits for the first half of the year to $14 billion and its share buybacks to $7 billion, have angered climate campaigners as Shell continues to grow its global gas business and pull back on investment in low-carbon energy.
At least these people are being honest. They openly admit that they’re destroying the planet in order to make huge profits.
That’s a hell of a lot more than ExxonMobil can say with their enormous PR campaigns designed to convince us that they’re transitioning to hydrogen, biofuels, our whatever their latest round of bullshit is focused on.
As suggested in the photo above, this whole situation would evaporate the moment that Big Oil had to pay even a tiny portion of the costs that our civilization is suffering in terms of environmental damage.
From Mother Jones: Shell Is Doubling Down on Fossil Fuels. We’re Paying the Price
There really are threats to human civilization that seem to be mounting in intensity:
• World fascism. (If it can happen in the U.S., it could conceivably happen anywhere.)
• Environmental collapse.
• Malicious use of AI.
• Pandemics, as misinformation on vaccinations spread and the frozen tundra melts, releasing pathogens never seen by humans.
• Nuclear war.
Addressing the point made at left, is there any scenario in which world governments agree to cooperate so as to stave off the end of an organized society here on Earth? One supposes so, though it sounds far-fetched in today’s world in which the leaders of most of the 200+ sovereign nations are trying so desperately to cling to power.
Obviously, James Carville has been wrong before, but it appears that he’s onto something here.
An ever-increasing number of Americans are realizing that Trump is criminally insane, and is leading this nation to destruction.
It’s a pleasure to see that Dr. Brian Cox has people so popular, having joined the ranks for Neil DeGrasse Tyson, Bill Nye, and a few others. This phenomenon of celebrity physicists if one of very few bright spots in our modern world.
I would qualify what he says at left as follows: the only people who hate the economics here are those invested in fossil fuels. Clean energy and transportation are already huge industries, and they’re growing at an amazing pace–even in the face of heavy suppression by Big Oil and Donald Trump.
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