I'd make the argument in the other direction.
Let's say that there was something that you absolutely needed to live, and I can either tell you that I have so much of it that you will never run out or that we are constantly on the verge of running out. Which one are you likely to pay more for as a customer?
Companies don't need to look fantastic to investors, they only need to look good enough to get the capital they want. As long as they can claim enough resources to last for the next few years, they can get the money that they need to build the well or whatever they need to build.
Let's say that there was something that you absolutely needed to live, and I can either tell you that I have so much of it that you will never run out or that we are constantly on the verge of running out. Which one are you likely to pay more for as a customer?
Companies don't need to look fantastic to investors, they only need to look good enough to get the capital they want. As long as they can claim enough resources to last for the next few years, they can get the money that they need to build the well or whatever they need to build.
Even if you take everything they say factually as true...
1.4 degrees per century.
Rebranding global warming as a "climate emergency" strikes me as a used car salesman tactic. It's the same as screaming "supplies are limited, buy now!" -- there's probably still going to be cars at the car dealership tomorrow, but they want you to buy their crap today.
1.4 degrees per century.
Rebranding global warming as a "climate emergency" strikes me as a used car salesman tactic. It's the same as screaming "supplies are limited, buy now!" -- there's probably still going to be cars at the car dealership tomorrow, but they want you to buy their crap today.
To be honest, we've probably very much don't.
Takes a lot of money in order to prove a material reserve. For that reason, companies won't prove everything that they think they might have, they will claim they've got a relatively small fraction of what's probably there because in order to go to the market and claim that you have something you need to have things pretty well dialed.
As an example, many mines claim that they have 5 years of reserves, but then a lot of those mines will go out to run for 50 years. I'm reasonably confident that the same is true in oil and gas.
Takes a lot of money in order to prove a material reserve. For that reason, companies won't prove everything that they think they might have, they will claim they've got a relatively small fraction of what's probably there because in order to go to the market and claim that you have something you need to have things pretty well dialed.
As an example, many mines claim that they have 5 years of reserves, but then a lot of those mines will go out to run for 50 years. I'm reasonably confident that the same is true in oil and gas.
Huge problem with investments like these is that the trends last years and so people assume the line's movement is eternal. It's shocking given how many times it's happened in my lifetime, but I guess that shows most people aren't really that aware of their surroundings...
"I'm not corrupt! Just ask We Charity or Aga Khan or the company that made the ArriveCan app! They'll vouch for me!"
I wonder how many of those "investors" are just regular joes who think they're investment geniuses because they convinced the bank to give them a bunch of millions because they noticed houses going up in price?
The CCPBC is gonna tell us, so I'm sure it's going to be factual and honest and not bullshit.
My grandpa had a big library, and I remember reading several star wars novels as a kid from that library.
I know, and all the linux vendors think we want yet another proprietary thing when what I personally want is to be running actual linux programs. I don't want to be running special gnu/android web browsers, I want chromium and firefox the same as my desktop.
https://thepostmillennial.com/breaking-trump-vows-to-shut-down-department-of-education-in-second-term
I was going to make the joke "stop, my penis can only get so hard" but then I realized how poor a choice of words that was.
I was going to make the joke "stop, my penis can only get so hard" but then I realized how poor a choice of words that was.
Pretty sure that emo loser just stopped the human instrumentality project and wanted to symbolically hurt another person because he's an emo loser and that's the first thing he thought to do after something like that.
Kind of ironic considering that half the "new features" of new apple devices are just android features.
Quake was amazing, but compared to many games of the period it barely ran on anything. Doom engine and Build engine games ran like crap on a 386, but they still ran. Quake needed an FPU, so it needed at least a 486, and as I recall at least a solid 486DX.
Quake actually was the thing that got me into Linux for the first time, because I assumed the fancy new OS everyone was talking about might be able to run it where archaic MS-DOS could not. Of course today I know more about instruction sets and the like and realize how absurd that idea was, but at the time miracles were regularly happening on PCs (imagine how mind blowing something like nesticle or zsnes was!) so it felt like anything was possible.
Incidentally, that first Linux distribution I used was incredible. It lived in a dos directory and you ran a batch file it would replace the MS-DOS kernel with the Linux kernel. It was pretty DIY after that -- I don't think it had a package manager or anything so if you wanted to try to make something run you were digging.
Quake actually was the thing that got me into Linux for the first time, because I assumed the fancy new OS everyone was talking about might be able to run it where archaic MS-DOS could not. Of course today I know more about instruction sets and the like and realize how absurd that idea was, but at the time miracles were regularly happening on PCs (imagine how mind blowing something like nesticle or zsnes was!) so it felt like anything was possible.
Incidentally, that first Linux distribution I used was incredible. It lived in a dos directory and you ran a batch file it would replace the MS-DOS kernel with the Linux kernel. It was pretty DIY after that -- I don't think it had a package manager or anything so if you wanted to try to make something run you were digging.