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.
Top of JC's Mind 