ExxonMobil row masks true green dilemma


	ExxonMobil row masks true green dilemma

JICWyllie

4-30-2008 11:16 AM

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tags:

energy, i-strategy, i-policy, i-lack, i-risks

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://www.clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/fdda00f3-d95b-4839-9d99-66fbec59629a/BC5FC114-334D-4E72-9C5F-4F186AAF68BB/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3842088.ece" href="http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3842088.ece" style="font-size: 11px;">business.timesonline.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3842088.ece">
There is a strategic vacuum at the heart of the energy industry. In such an
environment, leaders can emerge and at the turn of the 20th century Standard
Oil was such a company, hell-bent on developing a standard petroleum product
that would achieve universal acceptance.</blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3842088.ece"><P>
Is it nuclear power, hydrogen, biofuels or old king coal with new and improved
carbon capture? Weeping hysterically, the energy barons cling to the skirts
of the civil servants and ask for guidance.
</P><P>
It is deeply depressing, because we know there is little knowledge and no
leadership in government.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3842088.ece">
Ministers consult, but who is there to give advice? Only the businesses that
have just passed the buck. They will not invest without a protective net of
regulation that guarantees them an acceptable return. In short, they want a
licence to print money and they want grants and subsidies.</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/BC5FC114-334D-4E72-9C5F-4F186AAF68BB/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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