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They call themselves "energy" companies, so where does it matter where that energy comes from? In that perfect world where once they knew early on that the con
by splatcollision 5y ago
They call themselves "energy" companies, so where does it matter where that energy comes from?
In that perfect world where once they knew early on that the consumption of their product would lead to an uninhabitable planet for future generations (because that's what we're facing now), couldn't they have pivoted (slowly) towards true renewables and battery technology? They could have been the leaders instead of the culprits, and positioned for greater long term growth and shareholder value, instead of the relatively short term profits of business as usual.
As long as we're writing science fiction that is... But someone somewhere made a choice to bury the science and keep the status quo, either by action or inaction.
- nitrogen 5y agoSome of them did. The first solar panel I ever saw in person had a BP logo on it. But big ships turn very slowly.
- flavius29663 5y agoThey do invest in renewable energy, as it becomes the clear replacement for diesel and gasoline. First you had the decarbonization of the electric grid, and of course that those companies de-carbonized first. Now that cars are getting de-carbonized, you see Shell, BP and others invest in green energy as well. These are companies that respond to shareholders, not sure how they could "invest for the greater good" at a loss without betraying their investors. Only governments can invest at a loos, if the public opinion can stomach it. https://www.forbes.com/sites/scottcarpenter/2021/03/29/shell-plans-to-double-down-on-strengths-as-a-retailer-in-new-net-zero-world/ https://www.forbes.com/sites/scottcarpenter/2021/03/29/shell... https://www.wsj.com/articles/bp-bets-future-on-green-energy-but-investors-remain-wary-11601402304 https://www.wsj.com/articles/bp-bets-future-on-green-energy-...