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Comment Re:Exxon should just stop selling in California (Score 1) 68

I would gladly see Exxon and all other oil companies and refineries leave the state. Fuck them. But they won't because they make billions here, and because California would just buy more electric cars, hastening the inevitable demise of fossil fuels.

As for California's special blends of fuel, they do reduce air pollution and should be mandated nationwide.

As someone who works in energy finance, I can assure you that waving your hands around "they make billions here" is inaccurate. As a percentage of their total footprint, California is small. And California is already so onerous that even my employer is HIGHLY reluctant to recommit a dime to California after we finally exited or last asset there.

Comment Re:Part of this decline is all MBA-driven (Score 0) 187

Part of this decline is MBA-driven.

Beancounters ruin every shop they run, whether it be Boeing, or any ones that I've worked at where Mr. Money Bags controls IT.

In shops that Mr. Moneybags (CFO) do not control IT I've noticed things are much better for IT.

As someone who works at the crossroads of finance and oil&gas, I've often said "these clowns don't know how to run an oil company, they know how to run a stock, and that's not the same thing." That behavior isn't limited to oil&gas. Even Musk has talked about MBAs "parachuting in" to management positions without the slightest clue what they're managing as a negative.

Unfortunately, running the stock is exactly what the shareholders are asking for, and is why they keep getting hired. The solution, of course, is no shareholders. Although the last major software developer taken private caused quite the uproar.

Comment Re:Car manufacturers are correct (Score 2, Insightful) 105

China's not winning because of some kind of hands off approach. They are winning because their governments forced an early switchover to electric and then also built the massive renewable energy supply needed to do that cheaply. That's the kind of active pro-business but also pro-national interest policy that got the US into the leading position it was in after WWII.

We aren't allowed to have pro national interest anything in the US. That's grounds for getting called a fascist, and shot in the neck.

Comment Re:Research funded by venture capital (Score 2) 131

A bit of clicking and the research institute is funded by Octopus Energy Group which is funded by Octopus Group, a venture capital firm.

Suggestion here is to not report research paid for by venture capitalists for the same reason why /. should be skeptical of oil industry lobbyist funded research.

Obligatory: https://en.wikipedia.org/wiki/... where research is published because it agrees with a political viewpoint.

We need to get past this idea that the only unbiased source of research funding is federal dollars. Because guess what? They're biased too.

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