Yesterday Z’s science teacher pointed out to the class that gas prices would likely soon hit $4.00 per gallon. The class quickly erupted with kids complaining about the evil gas station owners and how they’re just out to rip everyone off. Z did me proud by refraining from blaming the station owners. She’s well aware that they’re lucky to make a penny or two on the gallon. It is, in fact, the oil companies and refinery companies that are making all the profits. of course, as someone who believes in a free market I know that even this pure search for profit isn’t evil, it’s just business. It’s the government regulation that prevents newcomers from drilling for oil, much less refining it into gasoline that is the truly evil part.
But those who still believe the myth that corporations are evil have some explaining to do thanks to British Petroleum, or rather, BP, as they’re now known. Last month they sponsored the BP Solar Decathlon (their third time doing so since 2002). For those unfamiliar with this annual competition, the idea is to design, build and operate a livable, energy-efficient, and completely solar-powered house. Seems like an odd type of corporate sponsorship for a company dedicated completely to squeezing every last penny out of the dead dinosaurs we call oil, doesn’t it?
Of course, if you call the EON Energy contact number and have a chat with a representitive, you can then add in the $500 million they invested in the Energy Biosciences Institute which is dedicated to finding bioscience solutions to reduce the impact of energy consumption on the environment; and that they are co-owners of the Nerefco wind farm that generates power for 13,000 homes; and that they generated more than 200MW of solar energy last year. How evil do they look to you now?