Npars01 ,
@Npars01@mstdn.social avatar

@black_flag @fribbledom

The explanation of what motivates the fossil fuel industry is Warren Buffet's "One Last Puff" business strategy.

Buffet's early investment strategy depended on finding a business on its last legs, stripping it of saleable assets, loading it with debt, & diverting its last ounce of profit elsewhere.

That's what the fossil fuel industry appears to be doing, ginning up profits & investing it in systems to prolong its primacy.

AI for example.
https://www.intelligentcio.com/me/2023/12/15/oracle-will-train-50000-saudi-nationals-in-artificial-intelligence-and-other-latest-digital-technologies/

  • All
  • Subscribed
  • Moderated
  • Favorites
  • random
  • test
  • worldmews
  • mews
  • All magazines