Reflections are only that, reflections, nothing more nothing less. Often these reflections are related to books I read, but occasionally also other things. These are often written very late, very fast,  using notes from my mobile phone, so the grammar and spelling is horrible.

Money available to save the planet – Thank you Exxon Mobile for (potentially) saving the planet

With high oil and energy prices and there are obviously those making a lot of money. Beside those who I focus most on (oil income [GCC, Russian and Norwegian oil fund] and power companies that make a lot of money] it is obviously the big multinational oil companies…

Anyone talking about the lack of money for a transitional to a low carbon/resource efficient economy should take a look at the money available. February saw Exxon release their numbers for 2007 and with more than US$1000 profit every second from one (1) company during 2007 it is strange that people can say that we cannot afford to build the infrastructure that can save the planet …

From The New York Times:
“The company [Exxon Mobile] reported Friday that it beat its own record for the highest profits ever recorded by any company, with net income rising 3 percent to $40.6 billion, thanks to surging oil prices. The company’s sales, more than $404 billion, exceeded the gross domestic product of 120 countries.

Exxon Mobil earned more than $1,287 of profit for every second of 2007.”