The Daily Blog Open Mic – Saturday 19th November 2016

One Comment

1. http://nypost.com/2014/02/01/big-oil-not-only-believes-in-global-warming-theyll-profit-from-it/

   Big Oil not only believes in global warming — they’ll profit from it

   By McKenzie Funk
   February 1, 2014 | 11:05am

   Modal Trigger Big Oil not only believes in global warming — they’ll profit from it
   An oil platform off Greenland shows how far north companies are pushing with the melting of polar ice

   If this winter’s polar vortexes and accidental Atlanta ice-skating rinks have you doubting whether climate change is real, you’re not alone. In a recent Yale survey, a record 23% of Americans now deny the science.

   But take it from giant oil companies like ExxonMobil and Royal Dutch Shell: You’re wrong.

   Big Oil not only believes in global warming, it’s factoring it into the business plan. Consider Exxon’s enormous, already $3.2 billion partnership with Russia’s Rosneft in the warming Arctic, where up to a quarter of the planet’s undiscovered petroleum is thought to be hiding — and where melting sea ice means easier access for drill ships and oil tankers. In 2014, the partners plan to begin drilling in the Kara Sea, north of Siberia, where last summer Russian security forces boarded a Greenpeace icebreaker in a preamble to impounding it and arresting its activists.

   Reply