Comments on: Oil Chief Says US Green Policy Will Kill Economy http://www.altdotenergy.com/2009/04/oil-chief-says-us-green-policy-will-kill-economy/ A Practical Guide to Renewable Energy Mon, 22 Mar 2010 00:14:10 +0000 http://wordpress.org/?v=2.6.1 By: Edouard Stenger, France http://www.altdotenergy.com/2009/04/oil-chief-says-us-green-policy-will-kill-economy/#comment-2042 Edouard Stenger, France Sat, 02 May 2009 11:18:47 +0000 http://www.altdotenergy.com/?p=7969#comment-2042 I am still amazed how CEOs of American oil companies refuse to diversify their activities. European oil companies are diversifying. For example, the French company Total is investing in renewables and is thinking about nuclear. Similarly, BP is also investing in renewables, even if there are some troubles at the moment. Both companies understood quite well that oil won't last forever, and that the sooner they will be active in other energies, the better they will do in the near future. I am still amazed how CEOs of American oil companies refuse to diversify their activities. European oil companies are diversifying.

For example, the French company Total is investing in renewables and is thinking about nuclear. Similarly, BP is also investing in renewables, even if there are some troubles at the moment.

Both companies understood quite well that oil won’t last forever, and that the sooner they will be active in other energies, the better they will do in the near future.

]]> By: Paul http://www.altdotenergy.com/2009/04/oil-chief-says-us-green-policy-will-kill-economy/#comment-2034 Paul Thu, 16 Apr 2009 01:35:59 +0000 http://www.altdotenergy.com/?p=7969#comment-2034 Hilarious, what is "opening more US land to drilling" a solution for other than their bottom line? This ranting sounds exactly the same as that being broadcast by the coal industry at the moment. Non Hydro renewables are less than 2.5% of total US energy and yet these industry dinosaurs already feel so threatened they're squawking in public about it. It's simple, adapt to change or become extinct. Hilarious, what is “opening more US land to drilling” a solution for other than their bottom line?

This ranting sounds exactly the same as that being broadcast by the coal industry at the moment. Non Hydro renewables are less than 2.5% of total US energy and yet these industry dinosaurs already feel so threatened they’re squawking in public about it.

It’s simple, adapt to change or become extinct.

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