Column: Big oil companies are already reneging on their global warming promises

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BP and Shell made eye-catching promises to invest in renewable energy. If you're shocked that they're already backing off, you haven't been paying attention, writes hiltzikm.

Xerox’s dependence on its world-beating copier business made it a poor candidate to lead the PC transition. One of the key PARC developers, Larry Tesler, moved to a small company and helped manage the transition from there: Apple. Others went to unheralded new companies such as Atari and Microsoft.

Moreover, the payback from fossil fuel investments are consistent and long term. From the standpoint of oil and gas producers, fossil fuel power plants are the gift that keeps giving, as their fuel supplies need constantly to be topped off, Swedish researcher Indeed, it should have been clear to anyone paying close attention to Big Oil’s pledges on renewables investment that they were always hedged.

 

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hiltzikm What about the small oil companies? They’re pretty cool

hiltzikm Read 'Unsettled' and 'Fossil Future' then get back to us. NetZero is physically and economically unattainable as well as being immoral.

hiltzikm They are so greedy now it’s time that the public do their best to turn their backs on fossil fuels as best as is possible between wind farms and solar panels, it’s time the public voted with their money. Try by spending next to nothing with these companies.

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