Slashdot Mirror
Shell Ditches Wind, Solar, and Hydro
thefickler writes "Shell has decided to end its investment in wind, solar and hydro projects because the company does not believe they are financially sound investments. Instead Shell is going to focus on carbon sequestration technologies and biofuels. Not surprisingly, and perhaps unfairly, bloggers have been quick to savage the company: 'Between Shell's decisions to stop its clean energy investments and to increase its debt load to pay for dividends, the company is solidifying an image of corporate greed over corporate responsibility.' Is Shell short sighted, or is it just a company trying to make its way in an uncertain world?"
I mean when you really think about it, getting unlimited energy from basically nowhere for next to free over the long run is awfully risky. I mean where's the profit model there? I just can't see it. And how can they calculate a profit margin when the energy is free? Their calculators just keep saying error when they try and divide it out. I can see why they gave up.
Google's Super Secret Search Algorithm: SELECT @search_results FROM internet WHERE @search_results = 'good'
Just because they're being shellfish doesn't mean you have to be crabby. :-)
Check out my sci-fi/humor trilogy at PatriotsBooks.
With shells like these who needs anemones?...
Entomologically speaking, the spider is not a bug, it's a feature.
I used to wonder if environmentalists were crazy conspiracy theorist whackjobs, but you've gone ahead and removed all of the uncertainty from that question.
If you were blocking sigs, you wouldn't have to read this.
Be more specific please, is it bash? Korn? ash? zsh? Jebus!
*halts crystal ball production
Pro Coffee Drinker
Lots of sulfur stuff coming out of those holes. Open up a bunch of them and you might have a problem. Besides the earth will collapse if you let all the air out. It will shrivel up like a rotten orange.
What?
Why not when siberia is going to explode with 50gt of methane soon anyway.
Agreed. Sun Micro is a perfect example. IMO, Sun is the best workstation provider in history, a truly outstanding company. It's not Sun's fault that workstations are no longer in demand. Most people say Sun should have had the foresight to switch to a new business. I say bunk. A company that owns the #1 spot in their market should simply fade with it, and let a new generation of companies exploit new markets. As we approach peak oil, Shell, Exxon, and their competitors should continue to compete in oil even as their revenues fade. Making the jump to alternative energies makes little sense for them.
Celebrate failure, and then learn from it - Nolan Bushnell
The old calculator joke
I think it was 142 arabs and 154 israelis fighting over 69 barrels of oil for 5 years - who wins
(14215469 x 5 )
Like Humans!
Yes, but you can make Soylent Green out of them.
No good deed goes unpunished. - Avon, Blake's 7
She sells C shells from the C source.
Escher was the first MC and Giger invented the HR department.
Their early reception sucked.
I drank what? -- Socrates