Today, we received the happy news that Shell Oil is pulling out of drilling for oil under the Chukchi Sea in the Arctic Ocean off the coast of Alaska.
Too bad that they didn’t spend the $7 billion they just wasted on Arctic drilling on diversifying into renewable energy options such as wind, solar, or tidal.
The fossil fuel companies remind me of the last whaling ships, desperately clinging to producing an energy sources whose heyday is rightfully over.
They need to adapt and re-make their companies to meet the clean energy needs of the present and future or they will become fossils themselves.
Reblogged this on oshriradhekrishnabole.
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Thanks for the re-blog!
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Good analogy with the whalers. I wonder if it would be realistic for other companies step up to develop the cleaner energy sources, or do the big oil companies have all the control?
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Many companies are developing renewable energy and they are having a larger and larger impact. Elon Musk is one of the largest developers, with Tesla cars, a solar panel company, and his new mega battery storage factory, but there are many companies working on various parts of renewable energy exclusively, as well as divisions within big companies.
Ironically, many of the fossil fuel companies started renewable energy divisions back in the ’70s and ’80s, but most abandoned them in favor of climate change denial and the fossil fuel status quo.
One of the positive possibilities is that, instead of big energy companies controlling all the electricity production, people may have their own solar arrays, especially with their own battery back-up, or their town may have a large solar array or wind farm, which will keep a lot of energy used local, rather than produced at a large plant somewhere and sending it hundreds of miles over high-tension lines.
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When I heard the good news I also thought, where will they drill instead?
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Unfortunately, it looks like they are going to concentrate instead off the coast of Brazil. It’s odd because Shell admits that solar and other renewables are the wave of the future, but they keep on drilling for fossil fuels anyway.
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Do they think we have multiple earths? We only have one and it’s very much time to take better care of our earth 🙂
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We definitely need to take care of earth. It is terrible that so many are willing to put profits for themselves over the environment and the world’s peoples.
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I totally agree 🙂
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