It turns out that just 100 companies are responsible for 71 percent of the world’s greenhouse gas emissions. According to the Carbon Majors Report 2017: “Over half of global industrial emissions since human-induced climate change was officially recognized can be traced to just 25 corporate and state producing entities.” This …
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While businesses and journalists readily understand (and often misunderstand) the idea of return on investment (“there is no magic money tree”) they seldom make the intellectual leap to apply the concept to the far more important area of energy. Currency, after all, really can be printed out of thin air …
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These days it is almost a given that economics is not grounded in reality. As the old joke has it: Q: What do you call an economist who makes a prediction? A: Wrong. The failure of thousands of extremely well-paid economists to see the 2008 crash coming did irrevocable harm …
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Consciousness of Sheep