BP, THE GREEN COMPANY
TAKING A BULLET FOR A GREEN WORLD
JUNE 22, 2010. This piece is my follow-up on Timothy Carney’s article at www.washingtonexaminer.com
“Once a government pet, BP now a capitalist tool.”
Carney lays out a case that BP wants a cap and trade bill from the US federal government for good reasons. All the reasons are called Profit. $$.
(In other words, the oil-spewing giant is an environmentalist in the same way that Al Gore makes a living off of global warming.)
Carney points out that BP is pushing for an energy bill that would include:
government subsidies for converting coal plants to natural gas—and BP is a major producer of natural gas;
a higher fed tax on gasoline at the pump—the tax revenues would be funneled into building highways, and highways equal more drivers buying more gasoline;
government subsidies for solar energy production—BP is invested in solar and has a project going in Argentina.
Not in the energy bill, but part of the picture, is a US- bank subsidized pipeline from the Caspian Sea to Ceyhan, Turkey.
My point is this. When corporate giants decide to back a major piece of legislation like this, they PUT TOGETHER A PACKAGE. They figure out their future profits as carefully as they can. Along all fronts. In other words, they operate like insurance actuaries, who balance the total of incoming premium payments against what they estimate the company will have to pay out in claims.
So these profit-making items BP is lobbying for, as part of the “green revolution,” are all tied together in their profit forecasts. They see where they will absorb some losses and make some gains, and they calculate the overall outcome. They are optimistic.
If Obama’s cap and trade bill passes, the total amount of oil used in the US will decline over time, but the price of oil and gasoline will rise. Again, how does that shake out for BP? How high will the price of oil and gasoline have to escalate, in order for BP to make, on balance, the kind of profit they are looking for?
You can bet BP has come up with a number, and BP also knows what Obama’s number is—and the two parties aren’t separated by much.
BP also understands that this number—and cap and trade, in general—are part of an overall strategy moving toward a globalist planet. In order to impose all sorts of controls on carbon-based industry, the US government will be running the country to a much greater degree than it now is. And this power will be linked to the planet-wide agenda to down-regulate industry and “go green” and break the back of the free market everywhere and drive people further below the level of what was formerly known as the middle class. That’s the globalist picture.
BP aren’t idiots. They see the handwriting on the wall. They are doing some of the writing.
Globalism for BP is a balancing act. How far down the economic scale can people all over the world be driven—and still BP turns a handsome profit selling gas and oil and solar?
The recent Gulf spill disaster comes at an opportune time. Obama and others are playing it like a drum, to push the need for the cap and trade bill and “the green clean economy.”
You can find additional evidence about possible manipulation and coordination of events leading up to the BP well explosion at www.infowars.com.
Remaining in the wings are a few questions. Does BP believe the world supply of oil is running out? If so (rightly or wrongly), they would certainly be looking for a way to reduce total production while still making huge profits. Under the aegis of “the great shift to green energy,” forcefully controlled by cooperating governments, BP would be able to do just that: reduce production, still make huge profits.
On the other hand, if BP perceives a different picture—oil is more abundant than anyone realizes—they have significant motivation to cover up that fact, in order to head off cheap oil—and again, a forced shift to green energies would fit that scenario quite well for them.
How much money is BP going to have to fork over to fulfill their perceived obligations vis-à-vis the Gulf oil spill? Another as yet unanswered question. Some people are speculating that the company might have to declare bankruptcy. At the moment, my prediction is that BP will survive to live another day. If bankruptcy becomes obligatory—“we fall on our sword for the common good”—the company will be rebuilt under a different name and continue to operate. The services they provide are not going to go away.
In the most extreme view of this whole situation, BP can sacrifice themselves for the cause of Green Globalism (i.e., global de facto control), they can permit an op whereby their gigantic oil well blows up, they can then “suffer a shameful defeat,” but still actually WIN.
“Yes, boys, we had to bite the bullet on this one, we had to let the well explode and suffer all the consequences, because we needed a crisis that would provoke a major step forward toward green fascism and the New Age. This was the part we had to play. Think of it as a kind of ritual. But we’ve calculated all the numbers, we know the future, and the future is going to be good. We will rise again, under the banner of Central Planning for the World, and I gotta tell you, it’s going to be roses all the way. Wait and see. You’re gonna love it.”
JON RAPPOPORT