The Huge Hidden Costs Of Our Fossil-Fueled Economy
Oil companies may be the most profitable companies on the planet. But that's only because we let them destroy the planet for free.
Extracting fossil fuels is a lucrative business. Last year, ExxonMobil made $32.5 billion in profits. But, arguably, it's a business built on shaky foundations. If we were to account for the full cost of fossil fuels to the environment, it might completely wipe out the industry's profitability.
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