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Oil Companies Loath to Follow Obama’s Green LeadWith all the B's thrown around in this article, the actual amount being pledged by our current administration seems small.BP, a company that has spent nine years saying it was moving “beyond petroleum,” has been getting back to petroleum since 2007, paring back its renewable program.
Last edited by vfx; 04-07-2009 at 11:59 PM.
The world loves to be deceived.
BP's chief scientist, Steve Koonin, was at that RGS seminar day back in January. Amongst other things, he said "photovoltaic technology is not ready yet and I hope we don't make the mistake of moving to it prematurely." I wonder what his motivation for saying that is?
Dpeilow, BP is a major producer of solar panels. Solar panels produce electricity, which currently is not used in mass to power cars. Nor is oil used in mass provide electricity.
So where's his motivation coming from? There's no clear connection between Mr. Koonin's job and his comment. What special interest does BP hold in electricity production?
"Success is 99% failure" - Soichiro Honda
Could he be talking about unsubsidized cost per watt? PV is still pretty pricey.
Oil Industry Braces for Drop in U.S. Thirst for Gasoline - WSJ.com
Peak Gasoline!As Americans commute less, use more fuel efficient cars and take more public transportation, gas stations have shut down. There are 11% fewer places to pump gas in the U.S. today than there were a little over a decade ago.
Exxon believes U.S. fuel demand to keep cars, SUVs and pickups moving will shrink 22% between now and 2030. "We are probably at or very near a peak in terms of light-duty gasoline demand," says Scott Nauman, Exxon's head of energy forecasting.
Last edited by vfx; 04-14-2009 at 06:57 PM.
The world loves to be deceived.
http://www.nytimes.com/2009/04/08/bu...noil.html?_r=1
The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation.
But the world’s oil giants are not convinced that it will work. Even as Washington goes into a frenzy over energy, many of the oil companies are staying on the sidelines, balking at investing in new technologies favored by the president, or even straying from commitments they had already made.
Royal Dutch Shell said last month that it would freeze its research and investments in wind, solar and hydrogen power, and focus its alternative energy efforts on biofuels. The company had already sold much of its solar business and pulled out of a project last year to build the largest offshore wind farm, near London.
Where will those FCX Clarities fill up?Royal Dutch Shell said last month that it would freeze its research and investments in wind, solar and hydrogen power
Oh pretty much anywhere. Haven't you heard? Hydrogen is the most abundant element in the universe!Originally Posted by dpeilow
Maybe the potential to use cheap renewable electricity production to power EV's, there by ending the stranglehold of the oil industry? If oil subsidies are taken away and given to solar panels and BEV's their whole regime crumbles as they don't have a consortium that controls electricity production. As solar and other renewables comprise a larger part of the grid they lose yet another anti BEV argument, i.e. that BEV's merely move pollution from the tailpipe to the coal plant.
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