Exxon posts $36 billion after tax profit
For those of you wondering what the Sydney Agreement ($100 million or so spread out over ten years) for clean energy research looks like, check out the after tax profits at Exxon.
For the mathematically challenged among us, thats about $36, 000 million dollars. So a consortium of govt and business have reached an historic agreement to commit, over a ten year period, 0.27% of a single company's after-tax profit for A SINGLE YEAR. Needless to say,
can anyone not feel as though energy research isn't getting a fair lick of the ice cream?
For the mathematically challenged among us, thats about $36, 000 million dollars. So a consortium of govt and business have reached an historic agreement to commit, over a ten year period, 0.27% of a single company's after-tax profit for A SINGLE YEAR. Needless to say,
can anyone not feel as though energy research isn't getting a fair lick of the ice cream?
posted by Joe at 2:27 PM
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