Has Big Oil changed? | FT Film
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- Опубликовано: 7 май 2024
- The US fossil fuel industry has been accused of using lobbying and disinformation to prevent action on climate change. And with the climate emergency, the war in Ukraine, and the global energy crisis, Big Oil is under pressure as never before. The FT looks at changing attitudes towards the industry and asks if it has changed.
00:00 Has Big Oil changed?
01:44 They were heroes
03:02 The world has changed
06:18 The lobbyists
10:27 Hero to zero
17:05 Another shift
#oil #gas #fossilfuel #petroleum #climatechange #energycrisis #oilindustry
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FT should also question whether Big British oil has changed. BP, for example, recently sponsored the UK state broadcaster (BBC) to produce a pro-Azerbaijan film. BP has significant fossil fuel operations in Azerbaijan despite the fact it is a thoroughly corrupt dictatorship.
FT is doing a great job with these little documentaries. I loving them more than CNBC. Thanks.
Greenwashing, BP and Shell owns most of the public charging spots across London. Yesterday charging my friend's electric car, and according to the car calculator its cheaper to load it with petrol rather electricity (car hybrid with electric only mode). This economic slowdown down is for a reason, not just the war.
Pdf: 📑⛰🍙 Mines, Minerals , and "Green" Energy: A Reality Check 💸🎇♨ 🏴☠
Need a two hour documentary on how big oil lobbying works. Their intent Development to their after execution follow up.
Absolutely ! I can not explain who there aren’t already great documentaries about this greatest crime agains humanity... and the rest of the world ! Perhaps directors at scared ?
I don’t think you addressed just how dependent the world is on fossil fuels. These aren’t just companies trying to sell a product these are institutions maintaining and taking forward society. Energy is the number 1 resource for civilisation and the reality is nearly all of it comes from fossil fuels, it’s not just about cars. Maybe not in the scope of this documentary but it could also have been mentioned how albeit expensive, the technology is good enough now to have 100% renewable energy production. Their is no reason why in the UK for example every non historical building could have solar panels and wind turbines both on and off shore to produce 200% electricity capacity. Using the excess to produce hydrogen or a artificial fuel to use when it’s dark and their is no wind. Musk has stated something similar to this before yet still it doesn’t happen and government policy on renewable energy is slow.
War also moves economies and creates jobs. Doesn't mean we have to keep it around.
@FT What about State-Owned Fossil Fuel companies -- ARAMCO, PETROBRAS, PDVESA, PEMEX ... ?
Hard to tell if this is the right platform for this. But ill try anyways as this is still considered business. Given the present conditions, is it better to invest
into Real Estates or into Stocks? Which would yield better output.
Has got to be Stocks but of course, you
have to be well informed on the right ones or better still, get a pro to handle it for you (that
way, you save time and minimise risks). Made my first million this way earlier this year. One more thing, one can wake you up by 2am to complain about a leaking pipe, the other can't.
Very sound advise! I have been into both for long and though I won't say I have lost a fortune, I have squandered quite
alot... If it's not a problem, do you mind recommending the pro you worked with? I could definitely use the help of one right now... I look forward to your reply...
Why not both??? diversify!!!
@@frankdouglas1562 Funny enough, I can honestly
relate. It's not as easy as it may sound and
takes some level of decisiveness and
discipline. I don't know if I am permitted to
drop it here, but his name is "Claire Anne Steinglass". Was in the news a lot in 2018.
You may look her up online for more details.
wow I know this woman.
Once attended a fundraiser she was also in
attendance in Vancouver, Great speaker
with a funny accent,, She's American though
I doubt she works with foreigners.
It is not the responsibility of consumers to change big oil policy through ethical consumerism. The responsibility of citizens is to vote, protest and set up alternative companies to mandate change. With waste from nuclear energy there are strict regulations to avoid radioactive materials entering the atmosphere, soils, oceans and rivers. With oil companies, the waste storage system is to treat our atmosphere like a giant trash can.
The only thing that’s changed is their marketing/brand strategy.
Fossil fuel industry should repurpose its capacities for drilling geothermal...
The last sentence hit it on the head Gillian - energy efficiency is a huge driver for reducing demand, and use...
But this is wrong. There are countless examples were more energy efficient technology just gets used more.
Small television used much more electricity back in the day, but now they are gigantic.
Led use much less electricty than old ligh bulbs but they are used everywere and people don't care if they run even if no one sees them.
Freezer are more efficient today, so the average freezer got bigger.
Cars are much more efficient than the old ones 50 years ago and they are faster, bigger and heavier than before....
Great report.☆ (Would have loved it even more 20 years ago.)
20 years ago it would have been brave. Now its just way too late.
Major Koyaanisqatsi vibe in the intro part of the video... I bet the artistic director is yearning for indie fame but is stuck making finance documentaries for FT. Gotta pay the bills somehow! 😀
What is the music playing from 1:42 to 2:59?
"Car dependency culture" is something we don't talk about enough. Single family home zoning. These are a huge part of the issue.
100% Single-family zoning has caused a large part of the increase in fossil-fuel use in Western nations. Neighbourhoods should include a healthy mix of land use.
EVs are fixing the first problem. Wind and solar powering the grid combined with houses replacing -natural- methane gas appliances is fixing the second problem. I personally prefer living in a city and not having a car, but that's my personal preference that I do *NOT* force on others.
@@DemPilafian I agree that everyone should be able to choose their lifestyle, the two things that I wish I could change still are (1) that the true cost of that lifestyle lands on those who choose to live it, and (2) that everyone could experience a car free "walking neighborhood" so they actually understand what it is really like.
@@DemPilafian 9/10 people would choose to bike over buying a ev for 100k$ if they could.
@@DemPilafian EVs are fixing the first problem? HELL NOOO. We need good public transportation every city like subway and bus. The design of transportation lines must be changed so that the stations are on time and the population is dense. EVs are just like cars, they cause traffic jams. !
Well done FT.
These political contributions should end. I don’t know how that isn’t corruption.
We should approach this industry similar to the tabaco industry. A first step would be to ban the commercials for fossil fuels. It's a commodity anyway and this way we can cut their PR work trying to influence people that their products are clean and safe.
Global warming is a reality, and big oil companies are guilty of the climate change crisis. However, you haven not asked yourself how our standard of living is connected to oil? Oil is not only used to power our economies, it is also involved in multiple products and essential materials needed for the functioning of our society. Lets talk about substitutions and the more complex solutions to energy transition.
Great job FT
You should have interviewed Harold Hamm at some point in the documentary.
he's a professional idiot, why would they interview him?
I am new to the stock market. Every stock that I bought so far, I was out of luck because I bought them when they were expensive. I feel I missed out on all the stock opportunities so far for the tech stocks. I believe having 75K yearly income would be a good investment so I want to plug all my savings into the stock market. I know this sounds a bit dull but I would like to know if I should learn investing or let somebody else (more capable like a FA) do it for me? Please share your thoughts. I am kind of tired of searching for a good stock to buy and losing all the good opportunities
Hi, please who is the expert assisting you and how do I reach out to them?
I also trade with Mrs Ashley and i must say she makes money making seem a whole lot easier right now I'm a single parent and i pay the bills comfortably since i met Ashley she's absolutely amazing and l'd recommend her for any novice in crypto.
She’s very active on what’s APK” messenger 👇👇 and Tele-gram
+1754
229
While they have calculated exactly how to silence dissent I wonder if they have calculated the exact tipping point of atmospheric oxygen and human functioning? I did not consent to be poisoned by automobile exhaust yet I breathe it everyday without even driving or purchasing oil like millions of others. Diesel soot covers Greenland accelerating ice melt and yet these ice melt intensified storms and hurricanes remain behind the corporate veil as they wash the shores away and destroy homes and livelihoods
I find it absolutely puzzling that people who love to hate on oil and gas are also opposed to nuclear and hydro. as long as the environmental movement doesn't have viable alternatives, or at least embrace the existing ones (nuclear and hydro!), all the talks and protests and activism is for nothing. plus, if renewable/sustainable energy sources were practical, energy dense and affordable, people would have adopted them long ago.
The 90's called and they want their comment back. On April 30, 2022 California for the first time ran on 100% clean energy with solar making up the largest slice. Electricity generation and transmission is massive infrastructure and we are already making incredible progress towards a cleaner more robust energy grid.
In New Zealand the electricity that is generated for the national grid is above 85% renewables during Winter and above 95% renewables during Summer.
@@kiwitrainguy source?
Beware of scammers/spam in the comments section here. There are several similar comment threads that appear to be generated by bots. It just looks like slightly off-topic conversations at first glance, but if you go through the threads and look closer you will see that they all promote some crypto investment “expert”, with random “people” (bots) praising their expertise.
They are very wide spreaded and nasty. Those "comments" should be an easy quest for
censor AI.
Don't worry, I'm on to them (well, some of them anyway), I have been commenting: "If you want to advertise on RUclips, go through the proper channels and pay for it."
What about OPEC? Are you going to hold them accountable? Your deafening silence is scary
Wait until they decide to not trade oil in US $, then the s**t will really hit the fan.
in southern California... i decided to live 100% off grid..and i lived off of solar power and all from a 200W panel. actually i generated twice my needs
what do u conclude from this fact?
guys... even the liberals are not progressives on this issue. they all know if we all switched.. many energy companies will go bust
You are using very low mate.. US average is 30KW a day!! lol
Your energy bill is the wake up call
If it occurs to people that fossil fuel causes pollution and is unsustainable, it should also occur to people that lithium battery is by no means clean or sustainable. Pushing for EVs doesn't do much good for the environment. It is only in EV makers, battery manufacturers and lithium mine owners' interests to push that. If anyone wants to the planet, there needs to be something bigger.
🤔if big oil can change, big tabaco, etc can change that means Big Tech can further evolve/etc as well in a way that doesn’t go against, at least democratic values … 🤷🏾♂️
Pdf: 📑⛰🍙 Mines, Minerals , and "Green" Energy: A Reality Check 💸🎇♨ 🏴☠
I apluad you for putting this together! With everything going on right now, the best decision to be on any creative man's heart is having a profitable investment strategy.
I wasn't financially free until my 40's and I'm still in my 40's, bought my third house already, earn on a monthly through passive income and got 4 out of 5 goals, just hope it encourages someone that it doesn't matter if you don't have any of them right now, you can start TODAY regardless your age INVEST and change your future! Investing in the financial market is a grand choice I made.
@@waynes4369 Congrats. this is huge! there's no doubt crypto investment is the key to future wealth, So happy to announce that I have gained financial freedom by investing in digital currency. Now I know that multi creation of various streams of income is the ideal Principle for financial sustainability.
@@willisbraden9363 The fluctuations of the market only affect those that hodl coins, but traders makes money on both sides, when it's bearish they go short when it's bullish they go long... The best strategy to use in trading crypto is to trade with a professional, like Fergus waylen he understand the market quite well, that way maximum profits are guaranteed.
I have also been trading with him, The profits are secured and over a 100% return on investment directly sent to your wallet
@@roberternest4641 Same here, started with $3,000 now earning $28,300 bi-weekly profits with his trading program.
Maybe the biggest problem is the transnational conflicts over the profits these corporations and nation states ( Russia) cost the taxpayers in the ancillary financing of their militaries.
Well done Congress! Show our american sincerity in keeping this planet healthy and alive. Thank you so much USA for leading by example.
The problem is time!!! All this is about companies!! We don't have time before we are roasted. So we need change YESTERDAY!!! And the consumers have the power for change and force companies to change. AS NO MONEY NO HONEY!! Yes it will be difficult for both but the FACT is change is needed. We are like in a heart transplant surgery but the donor heart is right in front of you but you don't want to reach it.
Trevor: Not to start a war here; but here are the biggest drisis America faces today: 10 the breakdown of the family unit and real marriage 2) Being turned away fro honoring God, to serve idols.4) Porn (the kiddies see this at age 6) Here are some idols: Rock singers (ours was Elvis and then the Beatles) Texting Sexting, Soc Media, the I phone, the Desktop and laptop (Yes I have one) and the pursuit of pleasure and invasion of wicked ideologies.. and the target is your children. Finally ,this t is a Spiritual war, not being fought with bombs.. and the battlefield is your mind, and the prize is your soul. Please read that last line 3 times
12:38 that releases so much methane and is an even bigger disaster in the making.
Of course the solar industry is not interested in profits or lobbying
I am eco friendly person but i consum more oil personaly in car
I’m watching to the end to see if anyone could refute chevron CEO’s claims in the beginning. Because otherwise this is just caterwauling.
So this is excellent. Yet why does such great content get so few views?
I notice this across many global media organizations making excellent films. Yet some exceptional unicorn lone-wolf journalists such as @johnnyharris make equally good, in-depth videos yet have much bigger audiences. I wonder why?
Maybe it’s about authenticity? A reaction against traditional media and journalism? I’d be very interested in what people have to say about this so do comment away!…..
There is no real comparison with the Tobaccco industry. We have known about climate change since Rio 1992.... Its not addictive, its a discretionary purchase
I'd add the caveat that it depends upon where you live. If you live in an American suburb then you are car-dependant due to poor public transportation availability and zoning laws that prevent you from living nearby to where you work.
Why do you eat so much meat while worrying about carbon emissions? Why is carbon from meat-raised animals intentionally ignored?
12:40 GOD DAMN IT HOW MAD I GET AT THESE ASHOLES
you guys live in lalaland
Enjoyed it but could have been half the length because It wasn't informationally dense.
This video is very critical of Western oil companies but no mention of China?
The world needs more energy not less. That includes fossil fuels. It's the main driver behind people getting lifted out of poverty. It's also the main way be we stop the climate from harming people.
If the “big oil” companies were smart, they would invest in renewable energy.
They are.
@@davidho1258 Look up "greenwashing".
They do spend on it but not enough. They spend more money advertising that they are spending on clean energy than actually building clean energy plants.
@@KazimaliMawji How much more do they need to spend on climate science research?
They owned and own a ton of scientists, from Tim Ball to John Christy to Richard Spencer.
Willie Soon was even caught red-handed hiding the money he received from fossil fuel companies (millions of $).
Yet none of their research has ever come close to showing that the significant ground level warming isn't caused by increased CO2 concentrations affected by human activities.
Why do you think that is?
Has the tobacco industry changed?
Don’t blame the facilitator. It is a lifestyle choice made by the wider population; Americans have chosen to drive huge distances in massive trucks (pickups in the rest of the world) whist living in a consumer society based on importing goods that are almost disposable from the other side of the world.
I’m not sure about the message here - is it Big oil conspiracy or what? Few words about demand side. Push stop driving policy or shut down oil production and see what happens. To be improved IMO.
Too late,The Train already left the station.
Oil will be fine once people realize how cold and dark it is without it. Nobody was shedding any tears when their profits tanked during COVID, but now there is all this concern about their profits when Russia turns off their spigots. You guys are like the students at Oxford, marching against big oil, but won't turn the heat down in winter. I remember 15 years ago, liberal Connecticut was begging people to switch to natural gas because it was cleaner than oil.
Let’s just hope they intend and are able to sincerely change their human to human behavior.
The music in the background is annoying
No.
The only way to beat these guys is to cut back on driving and flying. Rockefeller read his paper on his front lawn rather than get electric lights. Not using the product is the only thing they understand.
nah. arrest them and put a few of them up against a wall, they'll get the message
Dunno where you learned that ,but the teacher should be fired asap, but.. they are union, and cannot be fired
@@hippy1002 I saw it on the History Channel. Maybe it's made up... what should I drive to work?
🔥
Apple threw $275b at lobbying in China
All of these people who say “replace fossil fuels” this decade don’t even understand all of the fossil fuels involved in making solar panels, windmills, construction of “renewable” sites, mining lithium ,cobalt….. No understanding. Like explaining physics to a 3 y/o.
you're partly right but not really. the fossil fuel involvement in renewable energy isn't a necessary part of the process, you can produce a wind turbine with renewable electricity for example
and before you say i have the physics understanding of a 3 year old i have a masters in electrical engineering
How much plastic is in a car compared to the 25 tons of fuel it consumes in a typical lifetime? My car *might* have 50 pounds of plastic (0.025 tons), a thousand times less.
@@SeedFactoryProject people forget actually not the plastic.. but how much lubricants we use in general.. look at petrolem jelly, baby oil,mineral oil..
Most scientists involved in climate change (such as the ones leading the IPCC) are well aware of this. That's why "replacing fossil fuels" is usually accompanied with economic and political proposals like Degrowth in serious scientific papers. We need to phase out fossil fuels, but to assume we can do so whilst maintaining our current lifestyle through technology is naive.
To be fair, to believe that people will agree to change their lifestyle "just because we are at the border of societal collapse" is also naive.
I quit trying 20 years ago. They know it all. IF under 40.. us old folks are called senile.. which give me a good laugh
🕊12:02
i root for nuclear fusion and fission, wind and solar.
No one cares
@@samsonsoturian6013
😂 shut up fool
If you only knew the Truth, you would be Free of virtue signals thinking.
@@lonmccarley5072 sorry, I thought you were someone else
@@janklaas6885 shut up
The parallel with what happened in the tobacco industry is apposite, it’s the same playback by some of the same PR companies.
6:29 This is just outright bribery
にこにこ😃
The oil industry lobbies the government. Big revelation. This is a petty dramatization without substance
Azerbaijan is a perfect example of a dictatorship that’s supported by the seven sisters. Aka the seven big oil companies
No. They have not. They continue to make billions thanks no doubt to their shareholders and the geopolitical power and influence they wield. COPS and the ensuing ESG sermons to ultimately force resource-rich countries to give up and sell them to big oil have failed. The Ukraine war, Germany going back to coal, and the huge profits made by big oil reflect the hollowness of these rules.
About fossil fuels: would you like cheaper energy (fuel, electricity) with a flood and a hurricane, heat waves, freeze waves, earthquakes and other anomalies, or more expensive energy with more trees and cleaner air, less lung and other diseases?
I thought so! So vote for more road- and home-cracking fracking and enjoy the hurricane!
Fine, but who can afford expensive energy. It’s waste that’s the issue and idiots who think sitting at home in shorts and a t-shirt in winter looks ‘celebrity’ cool. Time to put more wood into the stove, my ecological heating solution.
I love big oil companies, I support them but I also wish them to slowly change into green energy production. Love from Scandinavia.
The product hasn't changed it's the same thing theyve always done
But more people are using it.
Speaking of sustainable energy, Europe could stop buying Russian gas as it is so concerned about the environment.
Another idea is to exchange meat, chicken and fish for insects. You will save the planet like this!
ROFL Hey WAITER; How much for a plate of worms???
Better still, feed the insects to chickens and eat them or their eggs (or both).
.... and now how many oil companies?
Convert to a carbon free economy within this decade. Renewables only (wind, solar, wave, geothermal).
You obviously don’t know what it takes to run these economies. How are you proposing food to be grown?
@@peredavi Spreading the remains of all dissenters on the arable land.
@@peredavi reducing meat production and direct power farm equipment. obviously, how do you not know that?
Your gearbos just siezed up.. Just explaining that grinding squeaky sound. DID you learn that in college? DID you attend after 1990?? I am guessing yes.
FB has maybe done more damage .... to society
You cant even type to initials correctly & yet assume you’re comments have valence ?
concluding statement:" [the transition from oil will come in the form of a ] "...slow, stealthy, reorientation.." -- and what does that mean in terms of disaster? So glad for such a 'common sense (???)" analysis...as this woman announces with a tone of utter authority and arrogance, a future of utter failure
Buying 4 ltr engine car one side and i am eco friendly person and i am going to job by bicycle really? So is it work like that? Nope
An oil change ?
So happy that I bought big oil when it was down ...
Suncor was $15 a share.. now over 44 and divvie over 4%. Can nat Resources (CNQ on the TSE) : $7 to 85, nice divvie, too, 3 years!!
In one word, no
MSM BIAS
Fossil Fuel-ish schizophrenia self harm...
The food you eat, the car you drive, the clothes you wear, the lights that come on, the heat in your home all come from the burning of fossil Fuels. Don't blame energy companies for providing the world with energy.
Nuclear energy, geothermal, solar power, hydroelectric dams and wind turbines would all like to have a word with you.
@@guydreamr Fossil Fuels provide over 80% of the world's current energy. Thanks but no.
@@apothe6 Your comment, ca. 1820: Whale oil provides over 80% of the world's current energy. Thanks but no.
@@guydreamr nice analogy but sometimes history does not rhyme. Gonna fly in an airplane anytime soon? Enjoy using fossil Fuels. we built the entire worlds infrastructure on hydrocarbons(we didn't with whale oil) and we will continue to use them for decades to come. attempts to hamper their production/demonization of an industry whose products you use everyday have only led to higher energy costs and reliance on bad nations. Naive policies have caused an energy crisis. Enjoy the high energy bills, you voted for it
@@guydreamr So you would like to have a nuclear-powered car?
No
All I have to say is bring on the Uranium!!! Nuclear is the way to go.
Has the fox that guards the henhouse changed? Perhaps, but he stills likes the taste of chicken.
I dunno but investing in Energy biz is a bit scary b/c their stocks take HUGE price swings. BUY them right and you get dividends of 4% and even more.. with a payout ratio under 35% of earnings.
@@hippy1002 If you want to advertise on RUclips, go through the proper channels and pay for it.
I will forever be indebted to you, you've changed my whole life i'll will continue to preach about your name for the whole world to hear you've saved me from a huge financial debt with just little investment all thanks to Mrs Sophia
That's true
Sophia bitcion trading on fire
My first experience with her gave me the assurance that has made me to invest without fear of loosing
My first investment with Mrs Sophia gave me profit of over $24,000 Us dollars and ever since then she has never failed to deliver and I can even say she's the most sincere broker I have known
She helped me recover what I lost trying to trade myself
yet still subsidized
ont auras bientôt plus besoin de votre pétrole fini les odeurs de pot d’echappement dans les villes hydrogène même BMS le dit ça pue mais c’est son pétrole qui pue
Big oil changed, they can't drill in the USA so have to buy more land in foreign countries ,then drill overseas
They should be sued
😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
As soon as Greta Thunberg is shown, I seriously doubt how much actual research has been done into the topic and how much it’s just emotions and conspiracy theories.
Yes. They don’t balance the debate with a costed analysis of the green lobbyists or the free publicity protesters give. Obama gave $5 billion to a green project only to see it go bankrupt months later with all funding lost.
The media leap, in formation, like lemmings, onto every emotionally charged, or potentiality to emotionally charge it, topic. It sells advertising space.
Whilst something is visibly happening are we in fact being coerced into a supported narrative of deceit whose tunnel vision excludes any positive aspects?
I don’t think it’s a conspiracy theory to question the science when any rational scientist knows doubt drives science forward. A theory only stands so long as it’s not disproved or put in doubt. Climate Change science looks too good to be believed. Nothing is that conclusive in science.
Another question regarding the science is how much lobbying has gone into funding support for Climate Change compared to big oil doubting it? Again, I suspect the difference is vast and makes big oils input fairly insignificant.
Too much regarding the solutions focuses on another economic boom creating another set of issues, equally devastating, environmentally, such as wind turbine blades decimating bird populations by striking them. I guess shredded birds aren’t as emotionally charged as oil laden ones.
It is, in my view, a highly biased topic supporting itself through well selected positives, avoiding its negatives, casting big oil as the demon, when it’s own house isn’t in order either.
The research has been consistent, repeated, and readily available since decades before Greta Thunberg was even born, how do her actions change that?
@@silverXnoise dudes a bot without being paid for fossil fuels. What Greta has to do with the scientific consensus around climate change is beyond being an activist is beyond me. Reactionaries really just wanna see the world burn.
@@silverXnoise I’m not doubting climate change, what I was trying to say is that I doubt then that the video is going to go in-depth or present the topic critically. Greta is just an emotional teenager.
@@Janezslovenski Well, did you finish the video and made up a judgement?
Big Oil should be reinvesting all their excess profits into renewables instead of just returning it to shareholders.
Exactly my thoughts
A lot of them contribute HUGE amounts to the community, building hospitals, schools, Rec centers.. and DID you know who spend over a billion after Hurricane Sandra hit the East Coast? Of course you don't. So I will tell you. It was HOME DEPOT. Please took for the other side of the coin before you jump
JDRockerfeller, often painted as a greedy monster.. before he died he gave away almost every dollar he had. The Commie Media will never tell you this.
BP and Shell might make the transition successfully, but the American oil companies will start having free capital problems before they transition. By then it will be too late because their competition will be able to out invest the old larger companies.
Nope
Come on, we all FT would harass them no matter what they did.
I LOVE AMERICA AND ALL AMERICANS IRRESPECTIVE OF CASTE COLOUR CREED RACE,SEX, LANGUAGE REGION OR RELIGION 🙏
The oil is coming to end before that itself we need to shape marxist economics and end private property with class relation
Like that is a good idea?? NOT.. The greatest country on the Planet and also Canada were build on the principles of free enterprise and property rights. Nothing can touch this and the critics know it
Marxism has NEVER lifted a country out of poverty, or mediocrity, and it never will
@@hippy1002 Existence can take anything away and marxist economics is written for existence,there is end line of everything or capitalism will become too much contradictory with labouring force and environment and will have to go away in future
@@hippy1002 Out of poverty is what you say hardly makes sense as these are fundamental parts of marxist economics to end poverty the day it comes,about mediocrity I would say,that the different thing,marxism creates human characters not completly dependent upon machines and even though USSR was not very much marxist,it shaped the world,sent first man to space
Could this still be called journalism? 😀 This is just one-sided propaganda.
One may expect that on various media sources but FT?
Come on guys, what happened to journalism at FT?
Where is the oposite opinion?
How about taxes oil companies pay? How about the jobs?
What about the importance of oil to the global economy?
3:12 she is scammer