PAUL B. FARRELL: Big Oil is Earth’s Public Enemy No. 1 – 200 Years of oil. Too Bad It’ll Kill Us In 50 Years

By Paul B. Farrell, MarketWatch

The world has “1.4 trillion barrels of oil, enough to last at least 200 years,” brags Thomas Donohue, U.S. Chamber of Commerce CEO: “We have 2.7 quadrillion cubic feet of natural gas, enough to last 120 years. We have 486 billion tons of coal, enough to last more than 450 years, and we need to use more of this strategic resource cleanly and wisely here [...]

Global Warming’s Terrifying New Math

Bill McKibben has a new article in Rolling Stone… Very sobering…

Global Warming’s Terrifying New Math
Three simple numbers that add up to global catastrophe – and that make clear who the real enemy is
http://www.rollingstone.com/politics/news/global-warmings-terrifying-new…

Great insight using big numbers with respect to:

Temperature 2 degrees C.
CO2:  565 Gigatons of CO2 limit to stay under 2C
CO2: 2,795 Gigatons of CO2 in known Reserves

Here’s a sample from this compelling article:

“ Which is exactly why this new [...]

Why We Should Stop Giving Handouts to Oil & Gas Companies – The fossil fuel business is wrecking our planet, & we’re paying them a multibillion dollar bonus to do it. Oil industry as a whole is about 13.6% Profit margin

Environmental issues aside, its a super profitable business, they don’t need any handouts.

Approximately 10% of their revenue is profit (Source: Exxon Mobil). That’s by no means SUPER profitable. Oil companies do well because of quantity. If you take away handouts, take them away from every company. No company should be getting free money from the government. Free money from the government is just money taken from taxpayers who should have [...]

Paul B. Farrell: Yes, capitalism is wrecking the planet … is using up resources … creating poverty, starvation, disease … epidemics, inequality, climate failure … and yes, warfare.

By Paul B. Farrell, MarketWatch

SAN LUIS OBISPO, Calif.  — “It’s about revolution,” warns Sir Richard Branson, founder and chairman of Virgin Group, in his new book “Screw Business as Usual,” a declaration of war against today’s out-of-control capitalism.

Branson’s at war, on the attack. His command center is the Carbon War Room where message becomes action, rallying an army of entrepreneurs into what I see becoming a game-changing New [...]