9 of the biggest companies in the world = oil and cars

Posted in response to
Separating the Vaporous from the Real in Electric Cars
Avail at Wired http://blog.wired.com/cars/2007/09/separating-the-.html

According to Forbes, 9 of the Top 10 Global 500 were oil or car companies last year. None of the oil companies are in the electricity business and only one of the car companies had ever put an EV in a showroom. Each of these companies ALONE brings in more money than half the world's countries.

Now imagine that you ran an operation that was 100,000,000 times larger than your paycheck. Would you shut the whole thing down and give away your paychecks for life for a new technology that displaces everything from the multi billion dollar oil businessES to the many auto and transportation industrieS?

Do you have any idea how many jobs, houses and bank account you're talking about?

An estimated 2 in 10 households rely on oil to survive and 5 of 6 people on the planet have never bought a car.

Do you think 9 of the 10 biggest companies in the world and 5 billion first time car buyers can afford anything on this list?

Posted by: John Acheson | Sep 29, 2007 2:41:50 AM