Tag: Fossil Fuel Industry

The Fossil Fuel Industry Is Paying the GOP Handsomely to Deny Climate Change

Who and why Murdoch bends over so readily to please.

Republican super PACs in the House and Senate raked in major donations from the fossil fuel industry this year. Proving to be money well spent, GOP lawmakers are ramping up a campaign of outright climate denial.

Source: The Fossil Fuel Industry Is Paying the GOP Handsomely to Deny Climate Change

Oil Should Stay in the Ground—And Get Out of Politics | The Smirking Chimp

That’s why Big Oil is fighting back. Much of the “anti-woke” rhetoric you hear from right-wing politicians and media is funded by fossil fuel interests.

Source: Oil Should Stay in the Ground—And Get Out of Politics | The Smirking Chimp

How Big Oil is Manipulating the Way You Think About Climate Change – scheerpost.com

A logic professor explains how a persistent, subtle fallacy has infected public discussion of climate change.

In medieval times, gamekeepers trained dogs to the hunt by setting them on the trail of a dead rabbit they had dragged through the forest. Once the dogs were baying along the rabbit’s scent, the gamekeeper ran across the trail ahead of them, dragging a gunny sack of red herrings. Red herrings are smoked fish that have been aged to a ruddy, stinking ripeness. If any dog veered off to follow the stench of the red herrings, the gamekeeper beat him with a stick. Thus did dogs learn not to be lured into barking up the wrong tree.

This practice became the namesake of one of the best-known types of fallacies, the red herring fallacy. As a philosophy professor, this is how I explain the fallacy to my students: If the argument is not going your opponent’s way, a common strategy — though a fallacious and dishonorable one — is to divert attention from the real issue by raising an issue that is only tangentially related to the first.

Source: How Big Oil is Manipulating the Way You Think About Climate Change – scheerpost.com

Multinational tax integrity and tax avoidance by the fossil fuel industry: Part 2 – Pearls and Irritations

Tax concept, Withholding taxes binders files on document report in business office. Retention taxes is income tax to be paid to government by payer of income rather than by recipient of the income.

According to a report published in 2020 by the Global Alliance for Tax Justice, corporate ‘profit shifting’, a.k.a. ‘tax avoidance’, cost countries $620 billion in lost tax revenue in that year alone. Nowhere is this kind of behaviour more evident than in the operations of the global fossil fuel industry.

Source: Multinational tax integrity and tax avoidance by the fossil fuel industry: Part 2 – Pearls and Irritations

In Irony, $9.7 bn. GigawattFactory Hub for Battery, Renewables, to be Built by Coal Firm on Wasteland its Open Mining Created

“The GigawattFactory combines innovative storage solutions, green hydrogen and future-proof power plants and makes environmentally friendly energy available as a secure service – this is a whole new quality in energy supply,” said LEAG CEO Thorsten Kramer, presenting the plan at the East German Energy Forum in Leipzig. “This will make us a pioneer in the safe energy transition.” The project will also be a powerful job engine for eastern Germany and help make energy affordable again, Kramer added.

Photovoltaic and wind power turbines will also be installed in LEAG’s former mining sites. The 7 GW hub will be able to supply four million households with green energy, said the company.

 

Source: In Irony, $9.7 bn. GigawattFactory Hub for Battery, Renewables, to be Built by Coal Firm on Wasteland its Open Mining Created

Old Dog Thought- Unions stifle innovation and progress the LNP claims. German companies like Mercedes, BMW and Seimans are backward

RBA, Committed Liquidity Facility

Fighting Fake News with REAL 28/8/21; Canada’s plan to become Australian; Banks, Frydenberg, Fossil Fuel subsidies;

Fossil-Fuel Firms Reaped Billions in COVID Tax Breaks—Then Laid Off Thousands of Workers – Mother Jones

A group of 77 companies took $8.2 billion, and almost all cut jobs.

Source: Fossil-Fuel Firms Reaped Billions in COVID Tax Breaks—Then Laid Off Thousands of Workers – Mother Jones

Harvey Proved How Fragile the Oil and Gas Industry Really Is – Mother Jones

And now what?

Source: Harvey Proved How Fragile the Oil and Gas Industry Really Is – Mother Jones