Whilst everyone else gets excited about the potential for renewable energy, the Chief Executive of Shell, Jeroen Van Der Veer shows a remarkable lack of foresight or imagination. Writing in the Financial Times this week, Van Der Veer outlined his “vision for meeting energy needs beyond oil”.
Sustainability
Two continents: Same message: The solutions are there.
Let’s move on from the last blog about the political will being needed to make technological change. Two reports on two different continents show how we could reduce our oil dependency now, and reduce carbon dioxide emissions given political will and economic investment.
BP: Rich Financial Rewards, Great Reputation but at What Cost?
BP is on course this year to announce the largest profits ever by a British company, with annual profits of over $21bn (£12bn). This is despite the company taking a billion dollar hit over the fallout from Hurricane Katrina. The company’s giant windfall is due to the recent high oil prices.
From Russia With Love
Chris Finlayson obviously likes a big challenge. Having been running Shell’s highly controversial operations in Nigeria, where the company has repeatedly been cited for environmental pollution and for being complicit in human rights abuses, he has moved to head up Shell’s operations in Russia.
Russian Gas Fallout – from the Frying Pan to the Fire
Although Russia has now switched the tap back on allowing gas exports to resume at full strength to the Ukraine, the ramifications of the dispute are still rumbling across Europe. You could argue that the Russian action could be beneficial in that it has woken people up to the problems of long-term energy security based … Read More