tom_thinks

Friday, June 18, 2004

Shell Boss's 'Confession' Shocks Industry

The head of Shell oil has made some interesting remarks lately
Oil Chief: My Fears for Planet; Shell Boss's 'Confession' Shocks Industry: No one can be comfortable at the prospect of continuing to pump out the amounts of carbon dioxide that we are pumping out at present ... with consequences that we really can't predict but are probably not good.'

He also advocated carbon sequestration, a complex process of capturing Carbon Dioxide and trapping it under the sea. However he doesn't seem to be talking too much about renewables, instead he focuses on how oil in hard to reach spots can be made economically viable as long as the price of oil is high.
This is making me wish I drove a diesel, so I could switch to vegetable oil or biodiesel.
For another oil related rant read this about SUVs.
posted by Tom, 6/18/2004 10:06:00 AM
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