4 ms·

This is like selling 10 dollar bills for 9 dollars.

• lukifer 5y ago
  https://en.wikipedia.org/wiki/Dollar_auction https://en.wikipedia.org/wiki/Dollar_auction
• caminante 5y ago
  Then why is Shell Canada's operating profit margin hitting 29%? [0] https://reports.shell.com/tax-contribution-report/2018/our-tax-data/americas/canada.html https://reports.shell.com/tax-contribution-report/2018/our-t...
  • pharmakom 5y ago
    Because they are selling the tax payers dollar bills.
    • caminante 5y ago
      You need to clarify. 1. Who is "they"? 2. What is $10? 3. What is $9? I linked an article showing Shell paid $8B to Canada in taxes in 2018 alone. With this CC project, GHG emissions are being stored for the foreseeable future. Without the CC project, the core refinery would be emitting a net increase of GHG. The value destruction analogy doesn't work.
• rosndo 5y ago
  You should try to read beyond the headline, I’m sure you can do it :) This is like selling 10 dollar bills for 9 dollars and 1 euro.