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The fact is that the oil companies have (exception: ExxonMobil) rebranded themselves as "energy" companies, and are using their tremendous and growing cash to buy their way into the alternative energy businesses. The rich will continue to get richer, as before.
The interesting test will be to see whether the regions controlled by "leftists" in the U.S., namely the coasts, will be as flexible in allowing alternative energy sources. So far, places like Texas and Colorado have shown more willingness to adopt real industrial-scale alternatives than the Northeast...
Pickens aside, who I assume is a patriot along the lines of H Ross Perot (who I voted for), I thought that all of the talk by the oil companies about alternative energy sources was just that, a boat-load of talk.
I don't feel sorry for Joe Blow American. This whole energy mess was obvious back in the early '70s but it took 4 1/2 buck gas PLUS global warming PLUS the loss of the polar caps to get people to start cutting back on wasting hydrocarbons. Let the rich get richer if that's what it takes to get the job done. Ah, the headlines. "Paris Hilton saves planet Earth!". Who'd a thought.
It all makes sense now. The 99.999% are becoming "spare parts" for the oligarchs.
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