Posted by admin | Posted in Green Energy | Posted on 23-02-2010
Tags: energy, environment, green, politics, technology
Your thoughts on Exxon Mobil investing 1 percent of its profits on alternative energy.
ABC reported that Exxon spends 1 percent of its profits on alternative energy sources.
http://thinkprogress.org/2008/07/31/abc-exxon-spends-1-percent-of-profits-on-alternative-energy/
It is a huge smoke screen. They are not ready to share the money out there to be made. There is no way ExxonMobil is TRULY committed to finding alternative fuel sources.
As much as I hate to say this, Exxon simply pushed the envelope on just how much money can be made in a free enterprise. I feel it at the pump like everyone else, but they really owe us nothing.
We can simply hope that some of the executives get a heart and ACTUALLY try to make a difference, but I won’t hold my breath.
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