bigoil

Today is International Day to End Violence against Sex Workers.  Here in Canada that violence is closely tied to the oil industry which brings men into Northern rural communities. They do violence to the land and violence to the women there.  We need environmental reform and a big change in how our society views people involved in the sex industry.  

More corporate tax dodging. Excerpt: “Keystone XL would divert Canadian oil from refineries in the Midwest to the Gulf Coast where it can be refined and exported. Many of these refineries are in free trade zones where oil may be exported to international buyers without paying U.S. taxes. And that is exactly what Valero, one of the largest potential buyers of Keystone XL’s oil, has told its investors it will do. The idea that Keystone XL will improve U.S. oil supply is a documented scam being played on the American people by Big Oil and its friends in Washington DC.”

Can we get a yeahhh?!! #NewYork rocks (no pun intended)!😁

#NY #Ban #Fracking #FrackingBan #NYC #ShaleGas #HydraulicFracturing #Oil #FossilFuels #Green #CleanEnergy #SusDev #PlanetaryBoundaries #BigOil #Energy #Earth #ToxicChemicals #SaveEnergy #Pollution #GreenLiving #NaturalGas #SolarEnergy #NuclearEnergy #WindEnergy #EmpireStateOfMind #RenewableEnergy #LaVieEnGreen

www.LaVieEnGreen.com

Repost from @earthjustice- Thanks! (at www.LaVieEnGreen.com)

Saw Cars 2 last night

It was a good movie.

Except for the hidden political agenda in it. Where Mator is trying to save all the liberal alternative fuel cars from the evil broken down big oil cars…. (Sigh)

Brain washing…..Brain washing I tell you!

Tesla Motors and Exxon Mobile: A Tale of Two Companies

This month we looked at companies on Openfolio in order to determine their relative popularity. Popularity means what percentage of Openfolio members own a stock. For example, Facebook (FB) with relative popularity at ~12% means that ~12% of members, or about 1 out of 8 people on Openfolio, own at least a share of FB stock.

Companies typically follow a loose positive correlation, i.e. the bigger they are the more popular they are as an investment (generally). These companies will tow the line on the Big/Popular scale. Where it gets interesting is when we look at divergent selections, as in 1) Really big companies that aren’t popular and 2) Relatively tiny companies that are super popular. What emerges? Tesla Motors (TSLA) vs. Exxon Mobile (XOM), AKA Clean Electric Cars vs. Big Oil.

Tesla, the electric auto maker, is 10 times smaller than Exxon, the oil and gas corporation. But, Tesla is 5 times more popular as a investment, or over 50x more popular when adjusted for size!

Why? The young love TSLA

As you may have guessed, younger investors own TSLA while older (but far fewer) investors own XOM.

So what happened with all these younger investors that own Tesla? In hindsight they did really well this year. Keep in mind that is in hindsight.

But is there upside to being unpopular?

Maybe. Stocks with high retail ownership tend to be more volatile. Popular companies – just like celebrities – need to deal with the fickle nature of public opinion. Just look at the big swings in TSLA in the chart above, it can lose or gain up to 10% in a day. Also, an unpopular company doesn’t imply a bad investment. Warren Buffett and Benjamin Graham have said that an unpopular but good company (i.e. steady future cash flows) can be a great value purchase. In fact, 3.5% of Berkshire Hathaway’s portfolio is in Exxon https://openfolio.com/manager/berkshirehathaway/#user_holdings

Climate change matters to retail investors

And this may have a big impact on the performance of a company’s stock. This popularity data implies that in the ongoing discussion on climate change, investors do vote with their wallets. It also implies that popular interest in green energy (and related technologies) remains at all time highs. Gallup data below also corroborates that younger generations are more concerned about climate change.

Source: http://www.gallup.com/poll/167879/not-global-warming-serious-threat.aspx

For more, check out Openfolio!

The stakes couldn’t be higher, for Canada and for the world. Much of this uprising began when Canada’s Prime Minister Stephen Harper rammed through Parliament an omnibus bill gutting environmental reviews and protections. He had no choice if he wanted to keep developing Canada’s tar sands, because there’s no possible way to mine and pipe that sludgy crude without fouling lakes and rivers. (Indeed, a study released a few days ago made clear that carcinogens had now found their way into myriad surrounding lakes). And so, among other things, the omnibus bill simply declared that almost every river, stream and lake in the country was now exempt from federal environmental oversight. Canada’s environmental community protested in all the normal ways – but they had no more luck than, say, America’s anti-war community in the run up to Iraq. There’s trillions of dollars of oil locked up in Alberta’s tarsands, and Harper’s fossil-fuel backers won’t be denied. But there’s a stumbling block they hadn’t counted on, and that was the resurgent power of the Aboriginal Nations. Some Canadian tribes have signed treaties with the Crown, and others haven’t, but none have ceded their lands, and all of them feel their inherent rights are endangered by Harper’s power grab. They are, legally and morally, all that stand in the way of Canada’s total exploitation of its vast energy and mineral resources, including the tar sands, the world’s second largest pool of carbon. NASA’s James Hansen has explained that burning that bitumen on top of everything else we’re combusting will mean it’s “game over for the climate.” Which means, in turn, that Canada’s First Nations are in some sense standing guard over the planet.