A Quote by Rick Renzi

If oil companies were to invest their high profits into alternative fuel research it will help America move toward new forms of energy. — © Rick Renzi
If oil companies were to invest their high profits into alternative fuel research it will help America move toward new forms of energy.
Instead of giving preference to oil imported from overseas, Washington should look to North American coal, oil shale and oil sands, all of which provide an affordable, abundant and alternative source of fuel. In addition to increasing cost effectiveness options for the government, it will also increase America's energy security.
We must shift the energy policy debate in America with an increased focus on alternative and renewable fuels and Congress must pass meaningful alternative fuels and incentive programs to help move the U.S. away from dependence on foreign oil.
The fossil fuel industry will inevitably have to experience major cutbacks and, over the longer term, near-total demise. There is simply no choice in the matter if we believe the research produced by climate scientists. The profits of oil, coal, and natural gas companies will have to yield to the imperative of sustaining life on earth.
Even if I had money to invest I wouldn't invest it in oil companies - - or their bankers, suppliers, customers ... really that means the whole stock market. I'm not opposed to divestment, but I think by itself it won't get very far. The demand is still there, the fossil fuel infrastructure is still there. Where I would like to see our political energy go is to stop ecocide on a local and bioregional level. Each new energy project involves horrible abuse of mountaintops, groundwater, forests, etc., because all the easy resources have already been extracted.
The way we're really going to grow the economy is to invest in people, to invest in innovation, to have the federal government put money in the kind of research that will create the new high-technology, biotechnology industries that will create the millions of new jobs.
This curious faith is predicated on the notion that we will soon develop unlimited new sources of energy: domestic oil fields, shale oil, gasified coal, nuclear power, solar energy, and so on. This is fantastical because the basic cause of the energy crisis is not scarcity: it is moral ignorance and weakness of character. We don't know how to use energy or what to use it for. And we cannot restrain ourselves. Our time is characterized as much by the abuse and waste of human energy as it is by the abuse and waste of fossil fuel energy.
The way we're really going to grow the economy is to invest in people, to invest in innovation, to have the federal government put money in the kind of research that will create the new high-technology, bio-technology industries that will create the millions of new jobs.
There is a profiteer when it comes to oil. 36 to 63 cents per gallon is swept off the top. And who profits from that? The government profits from it. And what does the government do with much of that money? It puts it into so-called 'alternative energy,' with so-called phony 'green jobs' that we're yet to see being produced.
In the near term, oil is galloping ahead and leading our economy. We have to corral the "horse" and gradually reduce our dependence on oil and coal, in their present forms. Green-energy investment is inherently high-tech, and we could lead in the next-generation energy technologies, as we did and do now with oil and gas. All it takes is leadership!
Popular support for alternative energy has been very high for years. But it harms corporate profits.
Britain has squandered its windfall of natural resources from North Sea oil and gas. Instead of prudently investing the 'unearned income' from nature, to build a safe, clean and green energy supply for the nation, we face unnecessary shortages. But there is still a chance to put the proceeds from liquidating our fossil fuel assets to better and more appropriate use. Instead of oil companies profiteering from climate change and oil depletion, a windfall tax could establish an Oil Legacy Fund to pay for Britain's urgent transition to a sustainable, decentralised energy system
With leading research universities, the National Renewable Energy Laboratory and private companies like Blue Sun working on developing alternative fuels, Colorado is poised to become an international leader in clean energy.
Science tells us we need to keep the majority of fossil fuels in the ground, and that we must urgently invest in renewable energy, and other alternative industries. Doing so would create millions of jobs, ensure a fair transition for fossil fuel workers into new industries, and avert the most catastrophic climate breakdown.
This morning, prompted by increasing concerns about terrorism, oil prices reached a record high as the cost of a barrel of crude is a whopping $44.34. Wow, it seems shocking that a product of finite supply gets more expensive the more we use it. Now the terror alert means higher oil prices, which oddly enough means higher profits for oil companies giving them more money to give to politicians whose policies may favor the oil companies such as raising the terror alert level. As Simba once told us: "It's the circle of life."
It's easy to complain that pharmaceutical companies place profits over people and apparently care more about hair loss than TB. However, many in the pharmaceutical industry would be glad for the opportunity to reorient their research toward medicines that are truly needed, provided only that such research is financially sustainable.
We must continue research into new forms of energy and into more efficient use of existing energy sources.
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