OutCampaign.org
Oct 12th, 2005

Shell CEO Calls for Efficiency Over Drilling and Refineries

via GCC

This isn’t saving the environment, it’s saving his ass. As an oil company exec, he knows better than anyone that oil is a limited resource, and prices are just going to go up. He wants to increase efficiency so there’s less economic pressure to develop alternatives to petroleum-based fuels. The last thing this guy wants to see is a massive switch to ethanol, biodiesel and/or hydrogen or electric cars, because it means that there’s no need for his company anymore. If people go out and buy hybrids, they still burn gas, and he’s got a job for a few more years.

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