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Exxon Posts Record Annual Profit (pg. 4)
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| montie |
| quote: | Originally posted by Marc Summers
They are. Why do you think it's taking so long for alternative fuels to develop? It's because the big oil companies are getting ready to create a lucrative market for it, just like oil. Monopolizing, my friend. :mad: |
Oh I know. Who do you think is lobbying the government to do nothing about global warming?
I was just trying to say the oil companies should invest their money into alternative fuels. Say if I owned an oil company, I'd invest a load of money developing a sustainable clean new energy system, then also use my money to squash the other oil companies who would still be pushing oil (which would also be running out)
Ah but thats just a pipe dream :p |
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| Vlad |
EU is also paying like $7 per gallon, and some countries (not sure if all) pay taxes on their cars, as well as taxes on just using them on a roadway.
*This might be really simplified from what it actually is, but this is how I understand it to be. |
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| Marc Summers |
| quote: | Originally posted by montie
Oh I know. Who do you think is lobbying the government to do nothing about global warming?
I was just trying to say the oil companies should invest their money into alternative fuels. Say if I owned an oil company, I'd invest a load of money developing a sustainable clean new energy system, then also use my money to squash the other oil companies who would still be pushing oil (which would also be running out)
Ah but thats just a pipe dream :p |
Yeah, I get ya. Alternative fuels will be nice. Hydrogen is really promising because it uses ion exchange, which is kick ass. :D |
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| Vlad |
Another thing, Im not against companies and corporations making money, but as long as its not at our expense to the point where purchasing such commodoty becomes a burden on the wallet in an economy that is struggling at it is.
This is quite a hyppocritical statement on my part because I want to go into the medical field where prices of services rendered tend to be enormous, but I dont set the rates - speaking for myself, Id give to charity & Id even travel to underpriveledged areas and work for charity to help people out. I just feel like if you have the ability to give back, you should. |
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| Vlad |
| quote: | Originally posted by Marc Summers
Yeah, I get ya. Alternative fuels will be nice. Hydrogen is really promising because it uses ion exchange, which is kick ass. :D |
The problem with that is the energy required to break the bonds to create more energy is so immense, that it reaches temperatures higher than that of the sun. (Discussed this topic in my G-Chem class :p) |
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| montie |
| quote: | Originally posted by Marc Summers
Yeah, I get ya. Alternative fuels will be nice. Hydrogen is really promising because it uses ion exchange, which is kick ass. :D |
Yeah and the "waste" is water. So that'd be pretty nice. One big problem though is it takes alot of energy to produce pure hydrogen. I read somewhere though that BMW is planning on rolling out a hyrdogen fuel cell hybrid around 2008-2009. Dunno how accurate that is though |
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| montie |
| quote: | Originally posted by Vlad
The problem with that is the energy required to break the bonds to create more energy is so immense, that it reaches temperatures higher than that of the sun. (Discussed this topic in my G-Chem class :p) |
Are you sure? I think your talking about fusion power. |
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| Vlad |
| quote: | Originally posted by montie
Are you sure? I think your talking about fusion power. |
Yea, I just went back and looked... it was fusion of Deuterium. |
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| lex400sc |
| fusion doesn't break bonds, that's fission. fusion 'fuses' them together ;) if we're talking about power grids, we already have the technology to run the entire country on carbon-free sources. a solar photovoltaic grid 10,000 sq mi in the arizona desert can run the power requirements of the entire united states yearround. so can a wind turbine farm across all of north and south dakota. yet in texas they are still building coal-burning power plants today. most people don't realize just how little sunlight is required to run solar power. the most successful solar power program in the world is in germany... a country that receives less sunlight every year than seattle. and the united states is the most wind-rich nation in the world. |
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| Omega_M |
| This thread belongs to teh PDD. |
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| Sunsnail |
| quote: | Originally posted by montie
Are you sure? I think your talking about fusion power. |
Fusion means to put things together, so I don't it would describe a process of breaking atoms apart.
| quote: | Originally posted by Vlad
EU is also paying like $7 per gallon, and some countries (not sure if all) pay taxes on their cars, as well as taxes on just using them on a roadway.
*This might be really simplified from what it actually is, but this is how I understand it to be. |
Gas is that expensive because it is taxed that much. Gas taxes pay for welfare. |
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| Omega_M |
| quote: | Originally posted by lex400sc
the ceo of exxon even looks like a bloated fatcat who draws champagne baths...
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That's not Rex Tillerson. |
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