• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

BP boss widens transatlantic rift in energy industry over climate change

Somerville

DP Veteran
Joined
Apr 29, 2012
Messages
17,822
Reaction score
8,296
Location
On an island. Not that one!
Gender
Undisclosed
Political Leaning
Socialist
This should inspire some 'interesting' words. European energy companies are in favor of a carbon tax, unlike US-based fossil fuel corporations

BP boss widens transatlantic rift in energy industry over climate change

BP has threatened to widen a rift between European and US oil companies over how to respond to global warming by urging political leaders to deliver a “substantial” deal at international climate change talks later this year.

Bob Dudley, chief executive of the British oil and gas group, said the United Nations global warming summit in December needed to broker agreements that encourage energy efficiency, renewable power such as wind and the use of gas. Such moves are considered vital if global governments are to succeed in keeping the Earth’s temperatures from rising more than 2C, the internationally agreed threshold to prevent widespread flooding, famine and desertification.

Asked what he wanted to see from the UN conference in Paris, Dudley said:

Something substantial needs to be done. We are conscious of that ... we encourage policymakers to move forward on this when they meet in December.”

Apparently, European based corporations have more of a propensity towards looking to the future than American companies
 
This should inspire some 'interesting' words. European energy companies are in favor of a carbon tax, unlike US-based fossil fuel corporations



Apparently, European based corporations have more of a propensity towards looking to the future than American companies
I suspect most corporations have a very short term view.
The European side looks at the available reserves,(and the cost of those reserves),
they then look at the verifiable emerging technology, like Audi e-diesel,
Audi has successfully made diesel fuel from carbon dioxide and water - ScienceAlert
They likely figure, if they have to transition to making their own refinery feedstock soon,
what better way than have the Government help pay for it?
 
Back
Top Bottom