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As climate change becomes a focus of the US election, energy companies stand accused of trying to downpla
stanley isolierkanne y their contribution to global warming. In June, Minnesota Attorney General sued ExxonMobil, among others, for launching a campaign of deception which deliberately tried to undermine the science supporting global warming.So what behind these claims And what links them to how the tobacco industry tried to dismiss the harms of smoking decades earlier To understand what happening today, we need to go
stanley trinkflaschen back nearly 40 years.Marty Hoffert leaned closer to his computer screen. He couldn ;t quite believe what he was seeing. It was 1981, and he was working in an area of science considered niche.We were just a group of geeks with some great computers, he says now, recalling that moment.But his findings were alarming.I created a model that showed the Earth would be warming very significantly. And the warming would introduce climatic changes that would be unprecedented in human history. That blew my mind.A climate change protester outside the New York State Supreme Court during the ExxonMobil trial in October, 2019Marty Hoffert was one of the first scientists to create a model which predicted the effects of man-made climate change. And he did so while working for Exxon, one of the world largest oil companies, which would later merge with another, Mobil.At the time Exxon was spending millions of dollars on g Dkme Nigeria: Forex reserve depletion could push Central Bank to increase interest rates
Ayatollah Ruhollah Khomeini once famously said: Economics is for donkeys. Well, looking at the economy of Iran today it is clear that Iran could do with some more donkeys, in the guise of economists. Iran has perhaps the largest combined oil and gas resources in the world. It has about 980 trillion cubic feet of natural gas, and about 132 billion barrels of oil. One cannot say that Iran is a resource-poor country, but it is a resource policy-poor country. The increasingly conservative, yet risk-taking leadership is dri
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stanley us 8217 economy into the mud. A major reason behind this is the huge subsidies for gasoline, diesel fuel, and electricity. Energy subsidies may represent as much as 15-20 percent of GDP, or about $35-40 billion per year. Iran also imports one-third of its gasoline needs to the tune of about $4-5 billion per year. The cost of gasoline in Iran is about 40 cents per gallon. This has prompted a huge and increasing demand for gasoline, well beyond what it would be if the price were in tune with the higher cost Iran pays for its gasoline. The gasoline subsidy is also an indirect subsidy to Iran
stanley deutschland 8217 automobile industry, which is pumping out 1 million cars a year into the already clogged streets of Tehran, Isfahan, and other cities. The auto industry employs about 500,000 people. So the argument goes that Iran should keep them employed at huge costs to the country fragile economy. Each one of those auto jobs likely costs Iran many t
