Carbon Sequestration: How Environmentalists Boost Oil Company Profits

By Dr. Tim Ball, CFP:

Environmentalism as practiced by extremists is a blind faith. Their demands for action to deal with non-existent problems create bizarre situations. They ignore science, logic and facts to identify problems so there are often unintended consequences. One involves the environmentalist’s obsession with CO2 and the oil industry. They’re the enemy who produce the energy that drives the engines of capitalism and CO2 supposedly destroying the planet.

IPCC computer models are the only places where CO2 is causing warming or climate change. Actually, human production is miniscule relative to natural amounts. If everybody left the planet except one person who remained to measure changes in CO2 level she would detect no difference. CO2 is essential to plants that use it to grow and produce oxygen to support all other life. Plants grow much more efficiently at levels four and five times higher than current levels. There is no need to reduce the level and significant increases are beneficial to all life.

Environmentalism is a necessary new paradigm and we’re all environmentalists because we realize we must live within the physical constraints of our planet. However, a few with a political agenda claim the title of environmentalist for themselves. From the moral high ground of the new religion they try to convince the world that only they care. Only they can save the planet. Obsession with this objective has created an opportunity for despised oil companies to increase profits and improve the corporate image yet with possible harmful effects to the planet. If you create false problems you’re obliged to find unnecessary and usually false solutions.

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