For example, back in the 70's, Shell did a lot of pioneering work on solar panels. Why? Because they realized that diversification was important.
Today, Royal Dutch Shell has been rather outspoken about "global warming" and about "peak oil."
http://findarticles.com/p/articles/mi_qn4158/is_20050126/ai_n9693285 Shell boss warns of global warming `disaster'
Independent, The (London), Jan 26, 2005 by Saeed Shah
GOVERNMENTS, NOT oil companies, must act now on global warming or there will be a "disaster", the chairman of Shell's UK arm warned last night.
Delivering the annual business lecture hosted by the environmental group Greenpeace, Lord Oxburgh laid responsibility for tackling greenhouse gas emissions squarely at the feet of government.
Lord Oxburgh, a former chief scientific adviser to the Ministry of Defence, is one of the two chairmen at Shell, the Anglo-Dutch oil giant. He heads the UK half of the business. He insisted last night that it was not up to the likes of Shell to reform their behaviour and reduce their supply of fossil fuels.
"Whether you like it or not, we live in a capitalist society. If we at Shell ceased to find and extract and market fossil fuel products while there was demand for them, we would fail as a company. Shell would disappear as any kind of economic force," Lord Oxburgh maintained.
… http://business.timesonline.co.uk/tol/business/economics/wef/article3248484.ece January 25, 2008
Shell chief fears oil shortage in seven years
Carl Mortished, World Business Editor
World demand for oil and gas will outstrip supply within seven years, according to Royal Dutch Shell.
The oil multinational is predicting that conventional supplies will not keep pace with soaring population growth and the rapid pace of economic development.
Jeroen van der Veer, Shell’s chief executive, said in an e-mail to the company’s staff this week that output of conventional oil and gas was close to peaking. He wrote: “Shell estimates that after 2015 supplies of easy-to-access oil and gas will no longer keep up with demand.”
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“Using more energy inevitably means emitting more CO2 at a time when climate change has become a critical global issue,” he wrote.
…http://willyoujoinus.com/">Chevron and
http://www.bp.com/sectiongenericarticle.do?categoryId=9021744&contentId=7042291">BP have made positive gestures. Exxon Mobil on the other hand…
http://www.sfgate.com/cgi-bin/article.cgi?file=/chronicle/archive/2006/03/22/BUGKPHRTJ71.DTL&type=business Quest for clean energy
Chevron, PG&E cited for positive steps to combat global warming
David R. Baker, Chronicle Staff Writer
Wednesday, March 22, 2006
After years of denial or uncertainty, many of the world's largest corporations have started taking global warming seriously and are looking for ways to fight it.
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That's the conclusion of a report released Tuesday by Ceres, a coalition of institutional investors and environmentalists based in Boston.
The report found that some businesses -- including the Bay Area's Calpine Corp., Chevron Corp. and Pacific Gas and Electric Co. -- have taken specific steps to rein in emissions of greenhouse gases and pursue cleaner forms of energy.
But many others haven't, according to the report. Exxon Mobil Corp. and San Diego's Sempra Energy were singled out for criticism, with Exxon rating lower than any other major oil company examined.
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