Big oil, small world...

It seems that the House Select Committee on Energy Independence and Global Warming were unable to sway the profits of the 5 big oil firms - ExxonMobil, Royal Dutch Shell, BP, Cheveron, and ConocoPhillips to invest only 10% of their earnings into research for alternative energy development. This is not 10% of profit, but earnings. These companies earned a combined $123.3 Billion last year of 8.4% on sales of nearly $1.5 Trillion last year. However, Exxon did invest (1/2 of 1%) of earnings last year.

What will it take for the American complacency to make a stand against big oil. This world cannot get itself repaired from our damage without concern, action, and results from that action. The government promotion departments try to let the public know that corn and ethanol is a good way to go, however in order to produce enough to make a major impact we are cutting down rainforests to make room for crop fields. The over use of water necessary to raise this corn is in dire straits as well. Both of these actions are self defeating...