Group of billionaires forming to lobby agains electric. See link:
The Kochs Are Plotting A Multimillion-Dollar Assault On Electric Vehicles
The Kochs Are Plotting A Multimillion-Dollar Assault On Electric Vehicles
You can install our site as a web app on your iOS device by utilizing the Add to Home Screen feature in Safari. Please see this thread for more details on this.
Note: This feature may not be available in some browsers.
Not sure how many billions they will have left considering falling commodity prices... oil is below $30 a barrel now... from what it looks like, it doesn't seem that this will reverse anytime soon https://www.tipranks.com/stocks/xom
As my beloved step dad told me: "when you go to bed at night and close your eyes, it is only you. Can you live with yourself and with what you are doing?"
Sage advice. I'm going to remember that myself.
This kind of stuff doesn't really bother me, but it does puzzle me. You'd think parties that wealthy would learn the repeated lessons of history and get on with leading the future rather than go kicking and screaming. They certainly have the money to really get out in front of this.
The problem is that once the founder leaves (who is often an engineer), the bean counters always seem to take over. Bean counters typically make poor managers because all they can see is cost cutting rather than what's good for the company in the long run. Cost cutting usually means shifting jobs to low wage countries which reduces employee moral so that most of the good people leave (assuming they can, some are trapped due to age or other factors). The other bean counter strategy is to merge with other companies and then dump half the workforce. This results in high CEO wages, higher prices for consumers, less competition, and fewer consumers to purchase their products--it's a lose, lose path.This kind of stuff doesn't really bother me, but it does puzzle me. You'd think parties that wealthy would learn the repeated lessons of history and get on with leading the future rather than go kicking and screaming. They certainly have the money to really get out in front of this.
inefficiencies of first generating the electricity required to produce hydrogen