Happy St. Patrick’s Day; Savor the Green!
St. Patrick’s Day is a good, green holiday that didn’t turn out well for many when festivities began on Friday for this holiday. Savannah, Georgia had terrible thunderstorms that knocked out power to at least 150,000 customers and blackened the streets in Savannah, home to the second largest St. Patty’s Day celebration in the country. At least it was that large back in the 80’s. I was there.
Apparently that storm was the result of conditions that also produced a tornado that hit downtown Atlanta in a 200 yd. wide swath, 6 miles long at 130 mph!!! It never happened before. All I could think of: What if something like this hit downtown New York or Chicago? I think of a domino effect on the buildings. And I’m back to the analogy between terrorism and Mother Nature. Both are extremely destructive, but one always trumps the other, trumps everything, and it’s the weather. Extreme weather kills randomly and is getting worse, and more erratic. It’s caused enough destruction in Florida that insurance premiums are outrageous. Even though the debate continues about our responsibility in global warming, it’s not illogical to think we’re polluting way beyond bounds. Our demands for oil and food increase yearly as our populations grow. It is plausible that it is affecting climate conditions that many scientists admit have happened before to our world, BUT NEVER AT THE RATE IT IS PROGRESSING NOW.
This is the point I tried to make to someone I got into an argument with at a bar (Clamdiggers) during Friday night happy hour. The Irish were already getting tuned up and will appreciate this. It was a beautiful afternoon on Friday. I stopped with friends to a really crowded and loud bar. Good thing it was loud in there, because before I finished one drink, my friend announced to 2 guys next to us that we were environmentalists. All I could think was: “Oh no!” I don’t want to argue with anyone about that.
I ended up in a face-to-face argument with a guy who was proud to be a polluter, who had already got into it with another friend of mine who owns a Prius. He didn’t know what he was talking about relative to electric cars, and then announced to me that the oil industry contributes the most money to alternative energy research. I know BP has invested, and Conoco Philips, but do all of them invest—not Exxon Mobil? I caught parts of his argument while he was in my face asking if I was naive. It ended when his buddy started laughing as he realized the steady degradation of events that took place in a matter of 20 minutes from smiling to yelling, and said he was dragging his workmate out. Well the argumentative one put on a Lion’s jacket, which just invited my sport’s minded friends to jeer: “That explains it all,” where they proceeded to do the loser “L” at him. I had one more cocktail and left. The best made intentions can just go awry, can’t they? My friends and I started with lively conversation about classic poets and novelists. I was heading toward limericks in honor of St. Patrick’s day and all just ran amuck and got rude.
That’s why there was no blog Friday night, but I did decide to investigate the polluter’s argument. How much do our oil companies invest in alternative energy? It’s a good question. I caught the BP commercial about investing in alternative energy. I’m finishing a post for tomorrow that shows how much American oil companies contribute to alternative energies, and also each company’s current net earnings. I know BP stands for British Petroleum, but they bought our Amoco in 98, I think.
It’s one thing to hear statements that the oil industry is investing millions in alternative energy, and like polluter guy, assume it’s a lot, probably more than anyone else. But since I did accounting, I want to know what percentage is invested as compared to net earnings in the billions and climbing? I’ve already seen some of the numbers. It’s a pretty paltry picture compared to the wealth streaming in from oil. So, Stay tuned.