Re: OT: interesting global warming quote found elsewhwere

In <7cGdnd4-555KHwvVnZ2dnUVZ_q_inZ2d@xxxxxxxxxxxxx>, Kris Krieger wrote
in part:
bill.sloman@xxxxxxxx wrote in
news:17babe10-b32f-47ee-b1d2-83e548a5c6cf@xxxxxxxxxxxxxxxxxxxxxxxxxxx:

On Aug 3, 5:39 pm, Eeyore <rabbitsfriendsandrelati...@xxxxxxxxxxx>
wrote:
bill.slo...@xxxxxxxx wrote:
Obviously, any model can become unrealistic. That doesn't mean that
you can't get good information out of models, merely that you have
to be careful. The IPCC is being pretty careful.

The accuracy of their models is the very thing being recently
criticised
by Monkton.

Who gets money from Exxon-Mobil and similar sources for producing his
ill-informed scepticism.

OK, explain something to me.

We've either reached, or will soon reach, peak petroleum production -
that's what the oil experts themselves say. So that in and of itself
indicates thet alterantive energy sources need to be developed. Given
that fact, what is the payoff/reward/advantage for Exxon to refute global
warming?

Global warming is a reason to reduce petroleum demand. Refuting global
warming allows petroleum demand to be greater than otherwise. Higher
demand means higher price, and that means more money to be made by Exxon.

If petroleum is, or will soon be, on the decline, wouldn't it
be smarter for them to use all that money to instead expand out from
being "an oil company" to being "an energy company", which is what BP
claims it's doing? IOW, if oil is on the decline, Exxon will eventually
start losing profits *regardless* of any question about global warming,
so by spending money on countering global warming, ratehr than spending
it upon things taht would actually keep them in business for the long-
term, arent tehy just shooting themselves in the foot so to speak?

Refuting global warming means higher demand and higher prices for what
Exxon sells.

I expect that in general oil companies will largely be the ones selling
shale oil, methane from undersea methane clathrates, and synfuel from
coal liquification as soon as one can make much money in such areas.<P>

- Don Klipstein (don@xxxxxxxxx)
.

Relevant Pages

  • Re: OT: interesting global warming quote found elsewhwere
    ... Global warming is a reason to reduce petroleum demand. ... demand means higher price, and that means more money to be made by Exxon. ...
    (sci.electronics.design)
  • Re: OT: interesting global warming quote found elsewhwere
    ... warming allows petroleum demand to be greater than otherwise. ... demand means higher price, and that means more money to be made by Exxon. ...
    (sci.electronics.design)
  • Its All About Green...
    ... roasted on the global warming spit have some great ideas on how to ... to pay for the weapons against climate change. ... follow the money trail to get an idea of what it's all ... A tax on carbon, at $50 a ton, released from burning coal, petroleum ...
    (alt.politics.bush)
  • Re: Daily Mail -- What Planet are they on
    ... one version of the facts correct, in order to gain money. ... If we all know about Global warming. ... who cares what some sheep believe... ... I want to know when DOOMSday is!!? ...
    (uk.politics.misc)
  • Re: Global Warming: Trick or Treat?
    ... When Global warming was first mooted, it was a curiosity, much loved of beardies and good for pub talk. ... Then the City boys decided that money could be made from this and carbon trading was invented - which of course undoes any serious carbon reduction schemes. ... Then then industry decided there was money to be made and all came up with schemes to make them look green and thereby attract more consumers to them with a clear conscience. ...
    (uk.rec.naturist)
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