Monday, April 03, 2006

Help us GWB!

Most of us are aware of the problems associated with burning fossil fuels for energy. It appears even GWB is attuned to the problem. Be that as it may, even he is completely powerless to do anything about it short of dramatically upending the current body of corporate governance law in the United States.

As long as short term profits supersede every other consideration, there will never be significant development in the area of renewable fuels and sustainable business practices.

Why? The corporate governance statutes in this country do not allow a corporations' officers and directors to worry about renewable energy unless it will maximize profits in the short term.

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