"Rockefellers to switch investments to clean energy", bye-bye Russia, KSA etc.? what does it mean? end of fossil fuels dominance, new huge money making possibilities ? Rashka ,KSA and others without fossil fuels petrol-dollars , no future? http://www.bbc.com/news/world-us-canada-29310475
None of the Rockefellers are Forbes 400 anymore. Sic transit gloria. Like the Astors, Vanderbilts, Carnegies, and Joseph Kennedy's clan, the Rockefellers are sinking back into the hoi polloi from whence they came. In a couple decades the progeny of Jophn D. Rockefeller will be as forgotten as the family of Thomas Fortune Ryan.
I am sorry but this is a truly naive statement..... The first private billionaire the world has ever seen, whom amassed such a wealth less than a hundred years ago (barely now), has spent his money? The family keeps close private records of their overall fortunes, but combining the estates would be worth an untold fortune. Just like the Rothschild family, their wealth has been spread among their descendants. However unlike the Rothschild family as I said earlier, their family net worth is held in private records. Rothschild family has an estimated wealth of 400 billion dollars. I would expect the Rockefella family to be similarly positioned.
Taxcutter asks: Estimated by whom? Is there any particular reason I should assign any credence to this estimate?
50% clean energy by 2025... U.S., Canada, Mexico pledge to generate 50 percent of energy from clean sources June 29, 2016 | WASHINGTON -- The United States, Canada and Mexico have agreed to cut greenhouse gas emissions in the oil and gas industry by increasing clean energy generation to 50 percent by 2025.
Interesting goal if they can accomplish it. I dont think it can be done in 8 to 9 years time personally, but I hope they do and go past the 50% mark.
Green energy does'nt work when oil is cheap But i dont expect people that have no idea what they are talking about to understand that Carry on..
in 2008 oil was up to 150 a barrel in 2009 was in the 40's in 2010 to 2014 it floated from the 70's to 100's in 2016 we are at 50 a barrel. What do you consider cheap enough to make Green energy work and what do you consider to expensive for Green energy to work?
Litwin I hate to burst your bubble, but Russia will always have what the world needs, and if it ain't oil and if it ain't gas, and if it ain't timber, and if it ain't wheat, and if it ain't coal, and if it ain't diamonds, etc., etc. ... it's gonna be water... And guess what? Russia has plenty of water ...and it's going to start delivering it to nations in need.. You have a real obsession with Russia Litwin, I suggest you take a deep breath and take it easy, because Russia is going to be around for a long, long time.
