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this post was submitted on 25 Aug 2023
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Climate - truthful information about climate, related activism and politics.
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Discussion of climate, how it is changing, activism around that, the politics, and the energy systems change we need in order to stabilize things.
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44% of PROFITS, not gross income.
Which means that even if companies were actually charged for the mess they made, they would be operating in the black AND their profits would still be 66% of normal.
I'll be that guy.. 56% of normal
Oh look here everyone, it's the math guy!
Probably got some fancy education like primary school.
I mean... It's really hard to subtract 44 from 100.
I think you will find most companies expect 110% minimum….
What company are you with that makes 110% profit margin? Most I've worked at are between 10%-40% and that's including tech companies.
Think it was just a "always give 110% effort" joke.