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Author Topic: Hydrocarbon Hellspawn Mens Rea Actus Reus  (Read 17094 times)

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AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #15 on: July 02, 2018, 06:28:52 pm »
Union of Concerned Scientists

March 23, 2018

Uncovered 🕵️: proof of automakers' climate denial


Automakers 😈 are Manufacturing Climate Denial

While touting their environmentally friendly image to consumers, automakers are letting their lobbyists go way off script and use cherry-picked and disreputable studies to question the impacts of climate change and air pollution.

Auto companies want their consumers to think they've cleaned up their act. Toyota commercials show ice figure skaters crying about climate change, and Ford publicly supports the Paris Climate Agreement.

So why are the automakers letting their trade association spread blatant mistruths?

The Auto Alliance, which represents most major global auto companies, recently sent a letter to government regulators that attempts to cast doubt on climate science, the impacts of global warming, and the negative health effects of air pollution. Their goal is to weaken the federal vehicle efficiency standards that UCS supporters like you helped pass.

In the letter, they reference a jumble of cherry-picked and discredited studies in their attempt to sideline science. This tactic of spreading misinformation is nothing new, automakers used the same methods in their past campaigns against seat belts and airbags. But this is the first time in 20 years that they've taken such a public anti-science stance.

Tell Ford and Toyota that they can't let their trade association spread blatantly fake science while their car commercials tout their green cred.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #16 on: July 02, 2018, 06:29:34 pm »
Agelbert NOTE: Must view video for those who wish to understand how corporations in general, and the Fossil Fuel Industry Fascists  in particular, used the Citizens United Travesty of a Supreme Fascist Court Decison to LEGALLY BRIBE the Republicans to Deny Climate Change. The devastating effect of Citizens United on Climate Policy has, without a doubt, accelerated the timetable of Catastraphic Climate Change damage 🔥 💧🌊 🌪that will increasingly make life difficult to impossible on this planet. 


Sen. Sheldon Whitehouse, "Captured: The Corporate Infiltration 💣 Of American Democracy"

Politics and Prose

Published on Mar 9, 2017

http://www.politics-prose.com/book/97...

In Captured, U.S. Senator and former federal prosecutor Sheldon Whitehouse offers an eye-opening take on what corporate influence looks like today from the Senate Floor, adding a first-hand perspective to Jane Mayer's Dark Money.

Americans know something is wrong in their government. Senator Whitehouse combines history, legal scholarship, and personal experiences to provide the first hands-on, comprehensive explanation of what's gone wrong, exposing multiple avenues through which our government has been infiltrated and disabled by corporate powers.

Captured reveals an original oversight by the Founders, and shows how and why corporate power has exploited that vulnerability: to strike fear in elected representatives who don't "get right" by threatening million-dollar "dark money" election attacks (a threat more effective and less expensive than the actual attack); to stack the judiciary--even the Supreme Court--in "business-friendly" ways; to "capture" the administrative agencies meant to regulate corporate behavior; to undermine the civil jury, the Constitution's last bastion for ordinary citizens; and to create a corporate "alternate reality" on public health and safety issues like climate change.

Captured shows that in this centuries-long struggle between corporate power and individual liberty, we can and must take our American government back into our own hands.

Founded by Carla Cohen and Barbara Meade in 1984, Politics and Prose Bookstore is Washington, D.C.'s premier independent bookstore and cultural hub, a gathering place for people interested in reading and discussing books. Politics and Prose offers superior service, unusual book choices, and a haven for book lovers in the store and online. Visit them on the web at http://www.politics-prose.com/

Produced by Tom Warren
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #17 on: July 02, 2018, 06:30:34 pm »
Judge Rejects Exxon's Attempt to Shut Down Climate Fraud Investigations 

The federal judge called Exxon's claim that its free speech rights were being violated by the state investigations 'a wild stretch of logic.'   :D



https://insideclimatenews.org/news/29032018/exxon-climate-fraud-investigations-ruling-federal-judge-caproni-new-york-schneiderman-massachusetts-healey
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #18 on: July 02, 2018, 06:31:24 pm »

Make Nexus Hot News part of your morning: click here to subscribe.



Pruitt’s Not-So-Prudent Pad 💵 🎩 Poses Problems

We’ll be frank: Scott Pruitt 😈 has tired us out this week. From his pricey tastes in travel to his (suspiciously) budget preferences for DC housing, we’ve been treated to some invaluable insights into how Pruitt is taking advantage of his time and position in Washington. Let’s recap what we’ve learned since just last week (!) on Pruitt’s curious choices for crash pads.

First, ABC News reported last week that Pruitt stayed in a Capitol Hill condo co-owned by the wife of a top energy lobbyist for his first six months in DC. After initially refusing to disclose how much Pruitt was paying for the pad, the EPA reported that Pruitt paid $50 per night, but only on nights he stayed at the condo.

It then emerged in a second ABC story that Pruitt’s daughter also stayed at the condo, despite statements from the EPA that Pruitt paid for a single bedroom. Vicki Hart, wife of energy lobbyist J. Steven Hart and co-owner of the condo, was also apparently unaware of the situation. “The rental agreement was with Scott Pruitt,” she told ABC. “If other people were using the bedroom or the living quarters, I was never told, and I never gave him permission to do that.”

In our favorite turn events, ABC released a third story over the weekend. Apparently Pruitt’s security detail broke down the condo’s front door after they weren’t able to reach him by phone. Turns out, Pruitt....was napping (super relatable). The EPA then refunded the condo owners for the cost of the false rescue attempt--which, by the way, was still less expensive than Ryan Zinke’s door.

A key takeaway from this scandal (that we’d love to try applying to our next round of apartment-hunting): apparently, if your landlord is an energy lobbyist, you can get a great deal on your rent. According to an analysis from the Center for American Progress, Pruitt’s $50 per night fee is less than one-fourth of the going rate for similar digs, and other apartments in the building have gone for as much as $5000 per month.

And it’s not like he was living in a boring neighborhood--Pruitt’s address is the hip place to be if you’re a GOP booster. The Daily Beast reported Monday that the downstairs of Pruitt’s townhouse served as a popular hotspot for lawmakers, hosting fundraisers for at least three members of Congress while Pruitt was crashing upstairs. While the EPA says Pruitt did not attend any of these events in an official capacity, and ethics laws don’t prohibit him from attending fundraisers in his spare time, we can only imagine the chummy cocktail chatter we may have had with the parties downstairs.

An ethics official at the EPA issued a memo a day after the initial ABC report clearing Pruitt of any wrongdoing with regards to federal ethics rules. Unfortunately for the agency, they may want to take another edit at this memo after the New York Times reported yesterday that in March, the EPA signed off on a pipeline project lobbied for by the husband of Pruitt’s landlord. (Also on J. Steven Hart’s company’s docket: lobbying on behalf of Oklahoma Gas to repeal the Clean Power Plan.)

Environmental groups were quick to call foul on Pruitt’s living situation last week, and they weren’t the only ones. More than 15 members of Congress (Grijalva, Lee, Sarbanes, Lieu, Brown, Quigley, Adams, Blumenauer, Price, Coleman, Schakowsky, Kennedy, Rush, Castor, Lowenthal and Beyer, in case you were wondering) have called for Pruitt to resign via Twitter. Former New Jersey Governor Chris Christie also weighed in during ABC’s This Week, saying “I don’t know how you survive this one.” Christie, who probably qualifies as an expert on scandal at this point, added that Pruitt “never should’ve been there in the first place,” referring to his post as EPA administrator. 

An administration official reportedly told POLITICO last week that the White House “stands behind” Pruitt, but recent history has shown how quickly their tune can change--especially if the boss is upset. If these ethical concerns continue, the administration may have no choice but to show Pruitt the (rebuilt) door.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #19 on: July 02, 2018, 06:32:23 pm »


Quote
In case your permanent state of infuriation was starting to wane, here’s some more evidence that the oil companies knew about the dangers of climate change long before the rest of us did, and that they financed climate denialism despite what they knew long before the rest of us. From Inside Climate News:

They show that as the company pondered its responsibility to act, Shell's scientists urged it to heed the early warnings, even if, as they said, it might take until the 2000s for the mounting evidence to prove greenhouse gases in the atmosphere were causing unnatural climate change. "With the very long time scales involved, it would be tempting for society to wait until then before doing anything," company researchers wrote in a 1988 report based on studies completed in 1986. "The potential implications for the world are, however, so large that policy options need to be considered much earlier. And the energy industry needs to consider how it should play its part." Otherwise, a team of Shell experts said, "it could be too late to take effective countermeasures to reduce the effects or even to stabilize the situation.

The parallels to the way the tobacco industry used to operate are becoming very hard to ignore.


The scientists told the truth. The profit over people and planet Shell corporate board of directors did what they have always done about "externalized" costs. 

Quote
The parallels to the way the tobacco industry used to operate are becoming very hard to ignore.

Yep. VERY, VERY IMPOSSIBLY HARD TO IGNORE.

The challenges of an observant person in a brainwashed society.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #20 on: July 02, 2018, 06:34:47 pm »

#ShellKnew: Green Group Sues Oil Giant Over Climate 🔥
 Impact

Internal documents show the oil giant has known for decades that fossil fuel activities would lead to catastrophic climate change, and that it deliberately mislead the public. Friends of the Earth Netherlands says it will take Shell to court if it doesn't do more to cut its climate impact. We speak to campaign leader Freek Bersch



http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=21557

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #21 on: July 02, 2018, 06:37:41 pm »
EcoWatch

Record Number of Lawmakers Sign Resolution Calling for Pruitt's 🦖 Resignation

By  Lorraine Chow

Apr. 19, 2018 08:11AM EST

A group of 39 senators and 131 representatives signed a resolution calling for the "immediate resignation" of Scott Pruitt, the scandal-plagued U.S. Environmental Protection Agency (EPA) administrator.

The document represents a record number of senators to formally demand a cabinet official to step down.

The resolution comes in the wake of Pruitt's growing list of controversies: his request for a $43,000 sound-proof phone booth violated federal law; his $50-a-night stay at a Capitol Hill condo owned by the wife of an energy lobbyist; his questionable use of taxpayer money for first-class and charter flights, as well as a 'round-the-clock security detail; and reports that he gave large pay raises to his closest aides.

That's not to mention Pruitt's continued efforts to dismantle the legacy of the very agency he heads.

Per the resolution, "The Agency is hemorrhaging staff and experts needed to protect the health, safety, and livelihood of millions of people of the United States, with more than 700 employees of the Agency having left or been forced out of the Agency during his tenure as Administrator."

"By delaying the effective date of regulations, easing enforcement of existing regulations, and delaying implementation of new regulations, Administrator Pruitt is helping polluters at the expense of the health, safety, and livelihood of millions of people of the United States," it adds.

No Republicans added their name to the document, even though Republican Reps. Elise Stefanik (NY), Carlos Curbelo (FL) and Illeana Ros-Lehtinen (FL.) have previously called for Pruitt's resignation or firing.

The effort was led by Senator Tom Udall (D-NM) and Representative Kathy Castor (D-FL).

"During his time in office, Pruitt has waged all-out war on the bedrock protections that keep our air and water clean, prevent toxic chemicals from contaminating our communities, and safeguard the health of our kids and families," Udall said. "He has done lasting damage to public health and safety—gutting the EPA's core mission—all to benefit his campaign donors and grease the wheels for his big polluter friends."

It's not just politicians who are calling for Pruitt's ouster. More than 30 environmental and civil rights organizations, including the NAACP, the Sierra Club and Friends of the Earth, took out full-page newspaper ads on Wednesday in The New York Times, the New York Post and Pruitt's home-state paper, The Oklahoman, The Hill reported.


Meanwhile, President Donald Trump
🦀 has praised Pruitt—who has carried out the administration's deregulatory agenda—for "doing a great job." 😈

Trump is reportedly fond of his EPA chief, even though John F. Kelly, the White House chief of staff, has urged the president to let Pruitt go.

"No one other than the president has the authority to hire and fire," White House press secretary Sarah Huckabee Sanders said earlier this month. "The president feels that the administrator has done a good job at EPA."

She said the White House is conducting an internal investigation into Pruitt's conduct.

https://www.ecowatch.com/scott-pruitt-resignation-congress-2561438310.html


RELATED ARTICLES AROUND THE WEB

Scott Pruitt Has Betrayed the Mission, the National Interest and the ... ›
Former aide tells Congress of extravagant spending by EPA's Scott ... ›
E.P.A. Chief's $43,000 Phone Booth Broke the Law, Congressional ... ›
EPA administrator Scott Pruitt is slowly strangling his agency - Vox ›


Quote
Ray Mathis · University of Illinois at Urbana-Champaign

Who do people think he's talking to in his soundproof booth? What do they think he's talking about? Why does it need to keep what he says so secret from everyone else in the EPA? Isn't it possible that he's engaging in RICO violations? I think the Justice Department should be investigating possible violations. And if the predicted 100K extra unnecessary deaths due to increases in pollution come to pass. he should definitely be prosecuted.



Arnie McGill

Pruitt's a crook, pure and simple.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #22 on: July 02, 2018, 06:40:39 pm »
Truthout



Scott Pruitt 🦀 Is Killing Us    🤬
Thursday, April 26, 2018

By William Rivers Pitt, Truthout | Op-Ed



http://www.truth-out.org/opinion/item/44286-scott-pruitt-is-killing-us
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #23 on: July 02, 2018, 06:42:23 pm »

Make Nexus Hot News part of your morning: click here to subscribe.

April 26, 2018



Who’s 😈 🦕 🦖 Behind The Institute for Pension Fund Integrity?

Yesterday, Oil Change International’s Andy Rowell wrote about a mysterious new group advocating against pension divestment (h/t DeSmog). Rowell sorts through the few clues available on the group to connect the dots about who’s behind the campaign--and, unsurprisingly, his findings display a pattern all too familiar to those familiar with fossil-fueled front groups.

Rowell’s search was instigated by a piece in the trade publication Institutional Investor last week (headline: “New Pensions Group Says Forget About Climate Change”), which reported on a new report by the Institute for Pension Fund Integrity (IPFI). The purpose of this group, Institutional Investor explains, is to counter the divestment campaign that’s been fairly successfully calling on pensions to take their money out of fossil fuel companies, and instead have them focus only on returns.

The IPFI report’s author is Christopher Burnham, a former UN undersecretary and Connecticut state treasurer. Compared to the obvious oil shills that usually run these sorts of programs, Burnham’s resume looks almost credible. Of course, he also served as the chairman of a PR company, Cambridge Global Advisors and asan “energy investment banker,” according to Rowell--but neither of these positions offer an obvious red flag.

More concerning than Burnham’s background is that contact information listed on the group’s website changed earlier this month, from pointing to Burnham to directing users to contact Fred Wollenberg of the advertising company Bergman Group. Bergman doesn’t seem to be too tightly linked to the oil industry (though the group does produce daily illustrations for the American Enterprise Institute’s 🦖 magazines).

Wollenberg himself, however, has worked with Exxon as well as DCI group, an organization whose astroturfing Bloomberg has exposed. While Rowell stresses that these links could just be a coincidence, it’s worth remembering DCI is also the group that ran the fake news blog TechCentral Station back before fake news was cool, and funded an amateur-looking Al Gore climate attack ad.

Rowell points to a recent Bloomberg story about how DCI registered the website for a different anti-divestment campaign, Protect our Pensions. Perhaps that’s just a coincidence, too.  ;)

So is Wollenberg the man in the middle, working on behalf of DCI and its funders to set up this other group seeking to protect pensions from divestment? Someone should certainly try and shine a light on the situation.

There’s little reason to insist on investing in fossil fuels, even if you believe an investor’s only concern should be returns. Because for years now, it is increasingly true that divested portfolios will out-perform their dirty competitors, in part because good environmental and social governance practices prove profitable.

So if divesting isn’t going to reduce returns, what excuse could IPFI possibly have for defending fossil fuels? If it’s just that they’re funded by the industry, well then that’s no different than a pencil-maker advocating for pen-shuns.


He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #24 on: July 02, 2018, 06:43:37 pm »


April 25, 2018

EPA Administrator Scott Pruitt's 'Days Are Numbered' for Ethics Violations   

The ethics violations of Scott Pruitt keep mounting and now he has become too toxic for even the White House, says Todd Paglia, executive director of Stand Earth


Todd Paglia is the Executive Director of[color=teal] Stand.earth[/color], an environmental advocacy organization that focuses on protecting forests.

Before joining Stand.earth, Todd was an attorney for Ralph Nader, focusing on consumer protection issues such as environmental purchasing by governmental agencies to spur alternative markets, enforcement of antitrust laws, corporate welfare issues and corporate accountability.

He received his Bachelor of Arts from Binghamton University, SUNY, his J.D. from the New England School of Law, and his LL.M. from George Washington University, National Law Center, in Environmental Law and Policy.

http://therealnews.com/t2/index.php?option=com_content&task=view&id=31&Itemid=74&jumival=21657%27%20style=%27color:#000;
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #25 on: July 02, 2018, 06:47:09 pm »
National Parks Conservation Association

BLOG POST Mark Wenzler  Jan 5, 2018

Willfully Ignoring Climate Change Is a Disaster for National Parks

Trump administration 😈 repeals climate-smart management policies for national parks.

SNIPPET:

It’s no secret that the Trump administration is pursuing an aggressively pro-fossil fuels energy policy. Dating to the election campaign, he talked about rolling back federal efforts to reduce greenhouse gas emissions, which Trump blamed for killing coal and oil jobs, and he has loudly followed through on that promise ever since.

What’s not as well-known is that the administration is not only refusing to reduce greenhouse gas emissions, it is willfully preventing federal land managers from taking steps to protect our national parks and other public lands from the disastrous effects of climate change.


Full article:
https://www.npca.org/articles/1724-willfully-ignoring-climate-change-is-a-disaster-for-national-parks



National Parks Conservation Association

BLOG POST Mark Wenzler  Apr 10, 2018

We Cannot Stand By While the National Park Service Attacks Climate Science

Altering a climate report sets an unacceptable precedent for national park decision-making.

SNIPPET:

Sunset over the Anhinga Trail at Everglades National Park, one of many sites around the country that could be severely affected by sea level rise due to climate change.    Photo © Justin A Lyden/Dreamstime.

Last week, The Center for Investigative Reporting revealed that it had obtained copies of an 87-page draft report by a University of Colorado scientist on how sea level rise is affecting 118 coastal national parks. In this unreleased report, which has been delayed for publication by at least 10 months, a National Park Service official had edited the copy to remove all references to the human role in altering the climate.

In contrast, Interior Secretary Ryan Zinke
🐉 had assured members of Congress at a hearing last month that he did not know of any document that had been willfully changed to alter facts. “I read them all,” he was reported as saying. “I don’t change a comma on them.”

But last week’s report contradicts that claim and casts additional doubt on his department’s integrity.

If true, this is the first known example of a Park Service report that has been edited to alter scientific information. This terrible precedent — the alteration of current, known scientific evidence — may have serious implications for how our national parks are managed.

Our coastal parks are literally on the front lines of climate change. Last year’s devastating hurricane season showed how much damage severe weather and flooding can do to treasured places like Virgin Islands, Everglades and Biscayne National Parks and the communities that surround and depend on them. Park managers need the best science available to understand how to protect these parks from sea-level rise. They cannot build ecological resilience and prevent future damage if the data they are using is manipulated and inaccurate or lacks evidence that may support future solutions.


Full article:


https://www.npca.org/articles/1805-we-cannot-stand-by-while-the-national-park-service-attacks-climate-science


The Fossil Fuelers 🦖 DID THE Clean Energy  Inventions suppressing, Climate Trashing, human health depleting CRIME,   but since they have ALWAYS BEEN liars and conscience free crooks 🦀, they are trying to AVOID   DOING THE TIME or     PAYING THE FINE!     Don't let them get away with it! Pass it on!   
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #26 on: July 02, 2018, 06:55:52 pm »
May 5, 2018

Industry 🦖 Trumps Communities in WV 

Local efforts to regulate waste from natural gas in West Virginia have been blocked by industry and state government, according to a new report, and illustrate how the natural gas industry is winning local fights across the country.

The latest investigation from ProPublica's Local Reporting Network in partnership with the Charleston Gazette-Mail shows how Fayette County, which is still dealing with lingering pollution left by the coal industry, sought to prevent further damage from the gas industry by passing a local ordinance prohibiting disposal of drilling waste.

An industry giant 🦖 quickly sued, and a district judge 🐒 threw out the county's ban on waste disposal--mirroring similar efforts in other states, which have "almost uniformly been thrown out by the courts." 🤬

https://www.wvgazettemail.com/news/wv_troubled_transition/fayette-county-learned-how-hard-it-is-to-fight-the/article_67c2f789-136c-5605-a91f-fdb39558fea0.html



He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #27 on: July 02, 2018, 06:56:56 pm »
Elon Slows Tesla Down … To Cut Out The Financial Trolls

May 6th, 2018 by Zachary Shahan

EXCELLENT article!  🌟 

https://cleantechnica.com/2018/05/06/147392/

Agelbert COMMENT: The fact that a lot of fossil fuel money is funding those short sellers should be repeated with a megaphone 📢 on a regular basis.

The Fossil Fuel Industry desperately needs to kill EV sales in general and Tesla EVs in particular.

WHY⁉️

It is no secret that refineries will be lose their profit margin if the fuel portion of the refined crude coming out of their cracking towers is not marketable. That portion, by the way, represents an added cost for the oil refineries as hazardous waste to be disposed of. Rockefeller used to flush it down the rivers in Pennsylvania back in the late 19th century, killing horses and cows down the river from his refinery. The farmers there were up in arms about Rockefeller's "business practices". 

Externalizing pollution costs 😈 is an old habit the Fossil Fuel Industry 🐉🦕🦖 depended on from the start to make a profit  💵  🎩 (over people and planet, of course),

For those who think the refineries can just adjust the product percentages from crude to increase the lubricant, plastics/pharmaceuticals/esticide/fertilizers/textiles feed stock and reduce the fuel portion to keep the profits going, let me say that is not an option for them.

That is another factor that is of utmost concern to the fossil fuel industry, though they go out of their way to avoid discussing it in public. That is the FACT that crude oil refining is inelastic in regard to product percentages. IOW you will always get about (it can vary somewhat, but very slightly) the same percentage of heavy lubricants, lighter lubricants, fuels from diesel on up to gasoline and then the gases like propane and methane, along with all the poisonous VOCS that get flared that the EPA 😈 is trying desperately to ignore.


Pollutants aside for a moment, the crude oil feed stock for plastics, medicines, fertilizers, paints, etc. represents less than 6% worldwide of all crude oil products. THAT is a drop in the bucket and never was, regardless of the lies and propaganda from the fossil fuel industry, a big part of the profit equation. It has ALWAYS been about getting us to BURN FUEL.

Consequently, a vanished market for gasoline and diesel means bankruptcy for the fossil fuel industry. 


Those polluting fuels and gases will always be produced when crude oil is refined. They can't just flush them into rivers like Rockefeller did in Pennsylvania in the 19th century before he created a market for his pollutants by saving Ford from bankruptcy in return for having the Ford carburetors run on gasoline INSTEAD of ethanol (which was the original plan by Ford).

Gasoline is what made Rockefeller rich. Without a market for gasoline or gases, the huge profit from selling them is converted into a massive unavoidable cost of handling over 40% per barrel of refined crude as hazardous waste. ⁉️

The fossil fuel industry CANNOT survive unless it keeps talking us into buring fossil fuels, period. They know that, but they do not want anybody else to know that. 🕵️

The inelastic oil refinery product percentage (i.e. what comes out of those cracking towers after a de-oxygenated barrel of crude (de-oxygenating crude is a massively energy intensive process that they have deliberately left out of ALL the calculations for energy return on energy invested for crude oil) is the elephant 🐘 in the fossil fuel business model room.

The Fossil Fuel Industry "business model", when all the energy and pollution costs are considered, was always unjustified. They got away with it through massive welfare queen subsidy hand-outs from government while using the air, water and land as pollution dumping areas for over a century.

Tesla is a HUGE threat to the Fossil Fuel Industry. Don't believe for a second that the polluters are not resorting to absolutely every low down Wall Street trick they can underhandedly fund to stop Tesla from destroying them.

Musk's Tesla is destroying the Fossil Fuel Propaganda Lies we have been subjected to for over a century  by bringing sanity into our Energy use, whether at home or on the road.

Quote
GlennM

To me the core innovative technology of TSLA is battery abilities, the cars depend on good and cheap batteries, the next big thing RE storage depends on it, Electric semi's, grid and home storage, electric aircraft etc all depend on the ability to mass produce high quality (good energy density and cycle life ) batteries.

Everything depends on that

The key take away for me from the conference call is that they have the ability to make M3 battery packs in 17 minutes now and expect to quadruple battery deliveries this year. Once the Cars are satisfied the battery factory can print money by making powerwalls. They are years ahead of everyone else. You can argue that the big four can make car bodies quicker and are more experienced, but you cannot argue that anyone can make better batteries cheaper or now faster.

Cars, trucks,Powerwalls, even solar roof tiles, are all just a way to package and sell batteries.

For this alone TSLA is worth the valuation and will probably go far higher.

I agree with the commentary that the Shorts are destroyers they are the maggots that feed and thrive on decay and need failures to make money. The sooner Elon can leave them behind the better as he will never change their minds or their "business" practices.

I believe that this will happen this year, we will see a $400 valuation by EOY and higher next. The future will get the last laugh.
He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #28 on: July 02, 2018, 06:57:57 pm »
Musk Has Had It With Wall Street & The Financial Markets (Good!) 

May 5th, 2018 by Maarten Vinkhuyzen

ANOTHER EXCELLENT article:

https://cleantechnica.com/2018/05/05/musk-has-had-it-with-wall-street-the-financial-markets/

He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

AGelbert

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Re: Hydrocarbon Hellspawn Mens Rea Actus Reus
« Reply #29 on: July 02, 2018, 06:58:47 pm »

"IT'S A SCAM!!!" Senator Sheldon Whitehouse's BRILLIANT Takedown of the Koch Brothers🦕🦖 & Donald Trump 🦀


Dose of Dissonance

Published on Apr 24, 2018

Senator Sheldon Whitehouse delivers a fiery speech on the corrupting influence of "creepy billionaires!" BUY TRUMP TOILET PAPER! http://amzn.to/2Fe08tb (Affiliate Link)

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He that loveth father or mother more than me is not worthy of me: and he that loveth son or daughter more than me is not worthy of me. Matt 10:37

 

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