If you have been watching any public television at all over the last several months you’d think that the oil companies are single-handedly saving the world. Exxon, BP, Chevron and probably others, have their own little infomercials at the beginning of many PBS programs. They claim to the working on all sorts of new alternative energy programs and conservation programs. They also claim to be concerned about global warming and claim to be doing something about it.
Today, however, I read in the New York Times that these ads (about solar, wind, etc) are mostly lip service. All the big oil guys are still spending most of their money on the old stinky fossil fuels that will increase global warming, raise ocean levels and basically destroy the planet. Thanks guys! I’m so happy you’re doing your part to insure that we have an interesting future, to say the least.
In addition, the article states that big oil companies are just not ready to invest in these new technologies. But it did say that the big oil companies will invest much more into these new technologies (probably, maybe) in the next 10 years. It will be too little too late. Again, we’re setting a great example for India and China (and we’ll be the first ones to complain about it).
To read the entire New York Times article see:
JCE
John C. Eberhardt's Weblog 
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