fossil fuel

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FLUFFYGERM 11/20/17 11:01:13 AM #1:	https://www.bloomberg.com/news/articles/2017-11-17/norway-idea-to-exit-oil-stocks-is-shot-heard-around-the-world The free market is about to end fossil fuels / oil dependency. Should be fascinating to see what the unbridled power of new investment into renewables can achieve in our lifetime. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890739387] in Norway to ... [t:76011903]...</cite> <quote>https://www.bloomberg.com/news/articles/2017-11-17/norway-idea-to-exit-oil-stocks-is-shot-heard-around-the-world The free market is about to end fossil fuels / oil dependency. Should be fascinating to see what the unbridled power of new investment into renewables can achieve in our lifetime.</quote> ... Copied to Clipboard!
Antifar 11/20/17 11:02:12 AM #2:	To be clear, it's the government choosing to do this, not the free market. --- kin to all that throbs <cite>Antifar posted [p:890739437] in Norway to ... [t:76011903]...</cite> <quote>To be clear, it's the government choosing to do this, not the free market.</quote> ... Copied to Clipboard!
Romulox28 11/20/17 11:03:00 AM #3:	FLUFFYGERM posted... The free market is about to end fossil fuels / oil dependency. lol --- A Green Butter Alt http://i.imgur.com/LhwwG.gif <cite>Romulox28 posted [p:890739468] in Norway to ... [t:76011903]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>The free market is about to end fossil fuels / oil dependency. </quote> lol</quote> ... Copied to Clipboard!
ZMythos 11/20/17 11:04:41 AM #4:	Romulox28 posted... FLUFFYGERM posted... The free market is about to end fossil fuels / oil dependency. lol --- Rainbow Dashing: "it's just star wars" AutumnEspirit: kissu <cite>ZMythos posted [p:890739544] in Norway to ... [t:76011903]...</cite> <quote><cite>Romulox28 posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>The free market is about to end fossil fuels / oil dependency. </quote> lol</quote></quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:06:22 AM #5:	A government run fund dumping shittons of stock, thus causing the prices to tank, is pretty much the opposite of "free market". This is blatant manipulation. <cite>Questionmarktarius posted [p:890739619] in Norway to ... [t:76011903]...</cite> <quote>A government run fund dumping shittons of stock, thus causing the prices to tank, is pretty much the opposite of "free market". This is blatant manipulation.</quote> ... Copied to Clipboard!
foreveraIone 11/20/17 11:07:05 AM #6:	ZMythos posted... Romulox28 posted... FLUFFYGERM posted... The free market is about to end fossil fuels / oil dependency. lol --- http://i.imgtc.com/qieELu9.jpg Always. Edgy. <cite>foreveraIone posted [p:890739648] in Norway to ... [t:76011903]...</cite> <quote><cite>ZMythos posted...</cite> <quote><cite>Romulox28 posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>The free market is about to end fossil fuels / oil dependency. </quote> lol</quote></quote></quote> ... Copied to Clipboard!
HydraSlayer82 11/20/17 11:10:25 AM #7:	Other than the fact oil is made into millions of different things, surely this will end them. I cant wait for us to get away from fossil fuels as an energy source but anyone thinking this will end the oil companies is hilarious. Greatest feedstock humans have ever found. Period. --- Sigless user <cite>HydraSlayer82 posted [p:890739807] in Norway to ... [t:76011903]...</cite> <quote>Other than the fact oil is made into millions of different things, surely this will end them. I cant wait for us to get away from fossil fuels as an energy source but anyone thinking this will end the oil companies is hilarious. Greatest feedstock humans have ever found. Period.</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:12:02 AM #8:	HydraSlayer82 posted... Other than the fact oil is made into millions of different things, surely this will end them. I cant wait for us to get away from fossil fuels as an energy source but anyone thinking this will end the oil companies is hilarious. Greatest feedstock humans have ever found. Period. The less we catch on fire for transportation or heat, the more we have for plastics and lubricants. <cite>Questionmarktarius posted [p:890739884] in Norway to ... [t:76011903]...</cite> <quote><cite>HydraSlayer82 posted...</cite> <quote>Other than the fact oil is made into millions of different things, surely this will end them. I cant wait for us to get away from fossil fuels as an energy source but anyone thinking this will end the oil companies is hilarious. Greatest feedstock humans have ever found. Period.</quote> The less we catch on fire for transportation or heat, the more we have for plastics and lubricants.</quote> ... Copied to Clipboard!
HydraSlayer82 11/20/17 11:13:54 AM #9:	Agreed. --- Sigless user <cite>HydraSlayer82 posted [p:890739961] in Norway to ... [t:76011903]...</cite> <quote>Agreed.</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:14:27 AM #10:	Questionmarktarius posted... A government run fund dumping shittons of stock, thus causing the prices to tank, is pretty much the opposite of "free market". This is blatant manipulation. They're diversifying their position because they know that the free market is moving towards prioritizing electric vehicles and renewable energy sources. Solar, for example, now employs more people in America than coal, oil, and gas combined. And they're trying to get investors on board. IE leveraging the power of profit to push society towards cleaner and cheaper energy sources. A movement to divest and reinvest elsewhere is part of the free market. It represents people deciding where to put their money. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890739995] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>A government run fund dumping shittons of stock, thus causing the prices to tank, is pretty much the opposite of "free market". This is blatant manipulation.</quote> They're diversifying their position because they know that the free market is moving towards prioritizing electric vehicles and renewable energy sources. Solar, for example, now employs more people in America than coal, oil, and gas combined. And they're trying to get investors on board. IE leveraging the power of profit to push society towards cleaner and cheaper energy sources. A movement to divest and reinvest elsewhere is part of the free market. It represents people deciding where to put their money.</quote> ... Copied to Clipboard!
Antifar 11/20/17 11:15:12 AM #11:	Do you think the US should have a sovereign wealth fund? --- kin to all that throbs <cite>Antifar posted [p:890740040] in Norway to ... [t:76011903]...</cite> <quote>Do you think the US should have a sovereign wealth fund?</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:19:30 AM #12:	Antifar posted... Do you think the US should have a sovereign wealth fund? Hell yeah. Something like the Alaskan Permanent Fund. In 2015, the Alaskan Permanent Fund gave every resident of Alaska $2,000 in cash. It's gone down in recent years but it has a consistent record of giving citizens around $1,000 per year. It counts for each child you have too, IIRC. Each state should set up a fund and the federal government should set up a fund. As the economy grows, the accounts can grow too. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890740241] in Norway to ... [t:76011903]...</cite> <quote><cite>Antifar posted...</cite> <quote>Do you think the US should have a sovereign wealth fund?</quote> Hell yeah. Something like the Alaskan Permanent Fund. In 2015, the Alaskan Permanent Fund gave every resident of Alaska $2,000 in cash. It's gone down in recent years but it has a consistent record of giving citizens around $1,000 per year. It counts for each child you have too, IIRC. Each state should set up a fund and the federal government should set up a fund. As the economy grows, the accounts can grow too.</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:20:50 AM #13:	Antifar posted... Do you think the US should have a sovereign wealth fund? A dozen states already do. What's the purpose of a centralized one? <cite>Questionmarktarius posted [p:890740308] in Norway to ... [t:76011903]...</cite> <quote><cite>Antifar posted...</cite> <quote>Do you think the US should have a sovereign wealth fund?</quote> A dozen states already do. What's the purpose of a centralized one?</quote> ... Copied to Clipboard!
SamuelHayden 11/20/17 11:21:55 AM #14:	Questionmarktarius posted... A government run fund dumping shittons of stock, thus causing the prices to tank, is pretty much the opposite of "free market". This is blatant manipulation. meanwhile trying to subsidize oil or coal or trying to weaken clean energy to favor coal is perfectly fine right? <cite>SamuelHayden posted [p:890740359] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>A government run fund dumping shittons of stock, thus causing the prices to tank, is pretty much the opposite of "free market". This is blatant manipulation.</quote> meanwhile trying to subsidize oil or coal or trying to weaken clean energy to favor coal is perfectly fine right?</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:22:29 AM #15:	Questionmarktarius posted... Antifar posted... Do you think the US should have a sovereign wealth fund? A dozen states already do. What's the purpose of a centralized one? The federal government makes a lot of money each year. It could invest a larger amount than individual states could. Which would represent more interest and higher dividends. This could be a great strategy for moving towards a universal basic income. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890740386] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>Antifar posted...</cite> <quote>Do you think the US should have a sovereign wealth fund?</quote> A dozen states already do. What's the purpose of a centralized one?</quote> The federal government makes a lot of money each year. It could invest a larger amount than individual states could. Which would represent more interest and higher dividends. This could be a great strategy for moving towards a universal basic income.</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:24:54 AM #16:	FLUFFYGERM posted... Questionmarktarius posted... Antifar posted... Do you think the US should have a sovereign wealth fund? A dozen states already do. What's the purpose of a centralized one? The federal government makes a lot of money each year. It could invest a larger amount than individual states could. Which would represent more interest and higher dividends. This could be a great strategy for moving towards a universal basic income. So... stocks are bad because they only exist to enrich shareholders, but suddenly become good when a government is a shareholder? <cite>Questionmarktarius posted [p:890740506] in Norway to ... [t:76011903]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>Antifar posted...</cite> <quote>Do you think the US should have a sovereign wealth fund?</quote> A dozen states already do. What's the purpose of a centralized one?</quote> The federal government makes a lot of money each year. It could invest a larger amount than individual states could. Which would represent more interest and higher dividends. This could be a great strategy for moving towards a universal basic income.</quote> So... stocks are bad because they only exist to enrich shareholders, but suddenly become good when a government is a shareholder?</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:26:28 AM #17:	Questionmarktarius posted... FLUFFYGERM posted... Questionmarktarius posted... Antifar posted... Do you think the US should have a sovereign wealth fund? A dozen states already do. What's the purpose of a centralized one? The federal government makes a lot of money each year. It could invest a larger amount than individual states could. Which would represent more interest and higher dividends. This could be a great strategy for moving towards a universal basic income. So... stocks are bad because they only exist to enrich shareholders, but suddenly become good when a government is a shareholder? I don't think stocks are bad and I don't think shareholders getting rich is bad. Only uneducated morons and naive children think those things. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890740595] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>Antifar posted...</cite> <quote>Do you think the US should have a sovereign wealth fund?</quote> A dozen states already do. What's the purpose of a centralized one?</quote> The federal government makes a lot of money each year. It could invest a larger amount than individual states could. Which would represent more interest and higher dividends. This could be a great strategy for moving towards a universal basic income.</quote> So... stocks are bad because they only exist to enrich shareholders, but suddenly become good when a government is a shareholder?</quote> I don't think stocks are bad and I don't think shareholders getting rich is bad. Only uneducated morons and naive children think those things.</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:30:45 AM #18:	FLUFFYGERM posted... I don't think stocks are bad and I don't think shareholders getting rich is bad. Only uneducated morons and naive children think those things. Hyperbolic CE doublethink, though... <cite>Questionmarktarius posted [p:890740802] in Norway to ... [t:76011903]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>I don't think stocks are bad and I don't think shareholders getting rich is bad. Only uneducated morons and naive children think those things.</quote> Hyperbolic CE doublethink, though...</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:31:09 AM #19:	Questionmarktarius posted... FLUFFYGERM posted... I don't think stocks are bad and I don't think shareholders getting rich is bad. Only uneducated morons and naive children think those things. Hyperbolic CE doublethink, though... CE is full of unbelievably stupid people. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890740833] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>I don't think stocks are bad and I don't think shareholders getting rich is bad. Only uneducated morons and naive children think those things.</quote> Hyperbolic CE doublethink, though...</quote> CE is full of unbelievably stupid people.</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:32:14 AM #20:	The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so. <cite>Questionmarktarius posted [p:890740878] in Norway to ... [t:76011903]...</cite> <quote>The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so.</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:34:16 AM #21:	Questionmarktarius posted... The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so. How would a federal investment fund that pays out dividends to American citizens be more kingmaking? --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890740980] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so.</quote> How would a federal investment fund that pays out dividends to American citizens be more kingmaking?</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:37:53 AM #22:	FLUFFYGERM posted... Questionmarktarius posted... The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so. How would a federal investment fund that pays out dividends to American citizens be more kingmaking? You can't see how a government investing a few billion into specific companies isn't kingmaking? <cite>Questionmarktarius posted [p:890741176] in Norway to ... [t:76011903]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so.</quote> How would a federal investment fund that pays out dividends to American citizens be more kingmaking?</quote> You can't see how a government investing a few billion into specific companies isn't kingmaking?</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:40:35 AM #23:	Questionmarktarius posted... FLUFFYGERM posted... Questionmarktarius posted... The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so. How would a federal investment fund that pays out dividends to American citizens be more kingmaking? You can't see how a government investing a few billion into specific companies isn't kingmaking? They would probably be putting money into index funds rather than specific stock. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890741333] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote>The US government is quite obnoxious about kingmaking already. A bigass investment fund just seems like it would end up being even more so.</quote> How would a federal investment fund that pays out dividends to American citizens be more kingmaking?</quote> You can't see how a government investing a few billion into specific companies isn't kingmaking?</quote> They would probably be putting money into index funds rather than specific stock.</quote> ... Copied to Clipboard!
Questionmarktarius 11/20/17 11:42:47 AM #24:	FLUFFYGERM posted... They would probably be putting money into index funds rather than specific stock. Think so? I kinda don't. Incidentally, what's a good one to toss money at? <cite>Questionmarktarius posted [p:890741449] in Norway to ... [t:76011903]...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>They would probably be putting money into index funds rather than specific stock.</quote> Think so? I kinda don't. Incidentally, what's a good one to toss money at?</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 11:44:24 AM #25:	Questionmarktarius posted... FLUFFYGERM posted... They would probably be putting money into index funds rather than specific stock. Think so? I kinda don't. Incidentally, what's a good one to toss money at? I can't give professional investing advice since I don't have a license and whatnot but the low-cost Vanguard 500 Index Fund is worth eyeballing. It tracks the S&P. --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890741520] in Norway to ... [t:76011903]...</cite> <quote><cite>Questionmarktarius posted...</cite> <quote><cite>FLUFFYGERM posted...</cite> <quote>They would probably be putting money into index funds rather than specific stock.</quote> Think so? I kinda don't. Incidentally, what's a good one to toss money at?</quote> I can't give professional investing advice since I don't have a license and whatnot but the low-cost Vanguard 500 Index Fund is worth eyeballing. It tracks the S&P.</quote> ... Copied to Clipboard!
FLUFFYGERM 11/20/17 5:35:19 PM #26:	wait a goddam second @Antifar why do you support regulations and big government if your end goal is a stateless commune --- they shall be the first ones against the wall when the revolution comes - averagejoel <cite>FLUFFYGERM posted [p:890761586] in Norway to ... [t:76011903]...</cite> <quote>wait a goddam second @Antifar why do you support regulations and big government if your end goal is a stateless commune</quote> ... Copied to Clipboard!
Sativa_Rose 11/20/17 5:37:45 PM #27:	This isn't exactly a good headline for this news. Also Norway isn't even claiming to be doing this in the name of the environment so suggesting that this is related to the divestment movement on college campuses is ridiculous. --- I may not go down in history, but I will go down on your sister. <cite>Sativa_Rose posted [p:890761732] in Norway to ... [t:76011903]...</cite> <quote>This isn't exactly a good headline for this news. Also Norway isn't even claiming to be doing this in the name of the environment so suggesting that this is related to the divestment movement on college campuses is ridiculous.</quote> ... Copied to Clipboard!
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Current Events > Norway to enlist capitalists and investors in fight against oil/fossil fuel (+) Yeah! (+)

Current Events > Norway to enlist capitalists and investors in fight against oil/fossil fuel