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Two key figures about the #LAFires. The estimated cost is now US$57 billion: www.nytimes.com/2025/01/09/b... ExxonMobil's 2023 profits were US$36 billion: corporate.exxonmobil.com/news/news-re... Fossil fuel companies are now only viable because others pay the costs of global warming disasters.

The Costs of the Los Angeles F...

ExxonMobil | 4Q 2023 Earnings

SPRING, Texas – February 2, 2024 – Exxon Mobil Corporation today announced fourth-quarter 2023 earnings of $7.6 billion, or $1.91 per share assuming dilution.
ExxonMobil
#lafires
in reply to AJ Sadauskas

AJ Sadauskas
AJ Sadauskas
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And here's an important thing to remember in the coming weeks and months: Every cent of taxpayer money spent by county, state, and federal governments on #LAFires is a fossil fuel industry subsidy. Every disaster and recovery dollar is paying an externalised cost of toxic fossil fuel production.
#lafires
in reply to AJ Sadauskas

The Animal and the Machine
The Animal and the Machine
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@YellowReadis
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Anything that dumps should be costed as it’s tapping the wealth of the country.

Or another way to say it is that everything should designed as a closed system.

Petrol cars dump gas. Same for power stations and even cigarettes.

For every melted glacier when it gets warmer, there will be a drought when it gets colder.

@Yellow Readis
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