Episode 321 - Why Big Oil Conquered the World
The Corbett Report Podcast
The Corbett Report
4.9 • 1K Ratings
🗓️ 6 October 2017
⏱️ 114 minutes
🧾️ Download transcript
Summary
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| 0:00.0 | The negative impact of population growth is becoming appolling. |
| 0:10.0 | The negative impact of population growth is becoming appallingly evident. |
| 0:15.6 | Airs to an oil fortune join the divestment drive. |
| 0:19.6 | In a highly symbolic gesture, the Rockefeller family will sell off its assets linked to fossil fuel companies. |
| 0:25.0 | A slump in global oil prices has Saudi Arabia rethinking its near total dependence on oil revenue. |
| 0:31.0 | We should be focusing on it and we should be curbing our you know |
| 0:34.0 | appetite for carbon-intensive products and services but the problem is it's got a lot |
| 0:38.2 | of room for debate. Obviously the Rockefeller are making this move as an |
| 0:42.2 | environmental one but also from an investment standpoint |
| 0:45.2 | this also makes plenty of business sense. |
| 0:47.6 | You can't simply carry on business the way you're doing it now. |
| 0:51.6 | There is a price to carbon in their future. |
| 0:54.3 | What do you see is the biggest challenges in conservation? |
| 0:57.3 | The growing human population. At the dawn of the 20th century, a new international order was emerging, one founded on oil. |
| 1:14.1 | And by the end of the 20th century, |
| 1:16.7 | that order was firmly established. |
| 1:19.9 | Heating, transportation, industrial power, plastic manufacturing, pharmaceuticals. |
| 1:27.8 | There is no facet of modern life that is not, one way or another, dependent on oil. |
| 1:34.6 | But the rulers of this oeligarki, the Rockefeller's at standard oil, the British |
| 1:39.2 | Royals of BP, the Dutch Royals and the Rothschilds at Royal Dutch Shell were not content with mere financial domination. |
| 1:47.0 | The power that came with their near total monopoly on the world's most important commodity was enormous, |
| 1:52.0 | and they had no qualms about using that power |
... |
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