asg70 wrote:This thread is going hopelessly off-topic. It's about refineries being clogged with oil due to the glut, not a referendum on ecological sustainability.
EdwinSm wrote:Many pages back on this thread (and sorry for the delay in reply) Dissident posted a link to a "simple" explanation of Velocity of Money:-dissident wrote:https://www.joshuakennon.com/the-velocity-of-money-for-beginners/
An interesting read, but one very worrying assumption was made:- That is if the government taxes any thing then that tax money is totally removed from circulation. That is the the conclusion one can make from the worked examples of tax in two mythical towns. The total removal of any tax money from the calculation implies that the government never spends any money . Most western governments that I know of spend more money than they collect in tax, so one must assume that any tax income is quickly returned to the general circulation of money.
The number one solution, in terms of potential impact? A combination of educating girls and family planning, which together could reduce 120 gigatons of CO2-equivalent by 2050 — more than on- and offshore wind power combined (99 GT).
The number one solution, in terms of potential impact? A combination of educating girls and family planning, which together could reduce 120 gigatons of CO2-equivalent by 2050 — more than on- and offshore wind power combined (99 GT).
They only got here because some people made very nasty comments about a reference they did not understand.
ROCKMAN wrote:But it should be obvious why certain individuals avoid the subject and divert the thread: [b]the premise that refineries are hurting because they are "clogged" has been completely trashed by a cornucopia of DOCUMENTED FACTS.
creedoninmo wrote:Rockman: "Always good to remind some folks that refineries are oil buyers...not sellers." Exactly.
Users browsing this forum: No registered users and 12 guests