Want to feel even more insecure about the earth's future? Of course you do. Read on.
Take a look at Fortune Magazine's annual list of the Fastest Growing Companies in America. Back in the early 1990's, when this list was fist created, it celebrated our entrepreneurial spirit as a nation and spoke to the promise of the century that lie ahead. Technology companies, innovators and market builders were always showcased on the list. How things have changed since then!
The 2007 list -- released in spring, 2007 -- is a showcase for the earth's destruction. At least half of the companies on the list are in the traditional energy business -- exploration, drilling, refining and marketing of fossil fuels. And a good many more deal in the mining of metals and other precious commodities. Of course, rising prices are driving this record growth in revenues and earnings per share. And demand for energy continues to skyrocket across the globe. But should we really be saluting these companies as their financial performance correlates with a depletion of non-renewable natural resources? And what about the impact of rising prices and demand on customer value?
Do companies like Gulfmark Offshore and Pioneer Drilling get you excited?
Check for yourself and let me know what you think
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