'Oil' Company Boss Understands What Business He's Really In
from the embracing-change dept
Quite often we point out how companies fail to understand and adapt to the changing nature of their businesses, and how this leads to all sorts of missed opportunities. It's nice, then, to be able to point to a company who does seem to grasp the changing marketplace it's facing, and evolve accordingly. The CEO of Royal Dutch Shell, Jeroen van der Veer, penned an editorial (via WSJ Energy Roundup) in the Times of London earlier in the week, commenting that a rising demand for energy will outstrip the ability of renewable energy (such as wind and solar power) to replace fossil fuels. In addition to advancing power-generation and fossil fuel extraction technology, van der Veer says that improving energy efficiency should be a top priority, as half of the energy generated worldwide is wasted or lost. Think about that for a second: here's the CEO of an "oil" company telling people they should be using less of his product. But this statement reflects that van der Veer understands he's not the head of an oil and gas company, but rather an energy company that needs to play a significant role in shaping the future of the market. He understands that the business of fossil fuels, while not dying, is changing, thanks to natural and technological constraints and political pressures. While certainly Shell could choose to keep a narrow focus, to do so would be ignoring the bigger opportunities of the wider energy market. Furthermore, rather than taking the view that energy efficiency is an enemy, since it could reduce consumption, he understands that the long-term future of the market, and Shell itself, depend on it to survive.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
Techdirt is one of the few remaining truly independent media outlets. We do not have a giant corporation behind us, and we rely heavily on our community to support us, in an age when advertisers are increasingly uninterested in sponsoring small, independent sites — especially a site like ours that is unwilling to pull punches in its reporting and analysis.
While other websites have resorted to paywalls, registration requirements, and increasingly annoying/intrusive advertising, we have always kept Techdirt open and available to anyone. But in order to continue doing so, we need your support. We offer a variety of ways for our readers to support us, from direct donations to special subscriptions and cool merchandise — and every little bit helps. Thank you.
–The Techdirt Team
Reader Comments
Subscribe: RSS
View by: Time | Thread
Law of Unintended Consequences
[ link to this | view in chronology ]
Use less energy
Walk more, Cycle more, you'll feel healthier and happier for it.
Switch stuff off properly.
The next time a lamp breaks, look for a more energy efficient lamp.
The next time you buy electrical equipment, look for the energy rating on it as well as the price. It will save you more money in the long run.
[ link to this | view in chronology ]
Re: Use less energy
[ link to this | view in chronology ]
Re: Use less energy
I would take public transportation if:
1.)There was some way to get from the train station to my work.
2.) There was a dress code enforced to keep unsightly people AWAY from me. I don't want to sit next to some stink y scumbag with a shirt-dress and an ironed hat.
[ link to this | view in chronology ]
Re: Use less energy
I regularly ride about 100 miles more more per week and on longer rides, I burn about 60* calories per mile. If you ride 40 miles per day, that's equivalent to eating another 2200 calories per day. That will usually cost about 10 dollars** where at 20MPG (a conservative estimate) a car would only produce a variable cost of about 6-7 dollars.
*While clicking off about 17 MPH
**Assuming a balanced diet and not a McDonalds value meal consisting of more than 50 percent fat calories and relatively devoid of nutrition.
Word!
[ link to this | view in chronology ]
Re: Re: Use less energy
im a weight lifter and the cost to keep my body fueled appropriately is not cheap. 4 meals and 3 snacks a day.
[ link to this | view in chronology ]
Uh Huh
[ link to this | view in chronology ]
He is a clever guy
[ link to this | view in chronology ]
PR
Look at what Shell DOES, not what it SAYS!
[ link to this | view in chronology ]
Re: PR
thats Pr saying it will make him and his co look better and saying it wont make it happen.
[ link to this | view in chronology ]
Shell Policies
Half truths and lies were never accepted and anyone caught was fired or demoted.
[ link to this | view in chronology ]
[ link to this | view in chronology ]
Once oil doubles in price ($120 a barrel), then oil shale will be profitable and USA and Canada will start tapping those HUGE reserves. OPEC will make sure that prices don't get that high as long as they can help it (maybe another 10-15 years).
Canada actually has more oil than any other country in the world...just trapped in sand and shale.
Yes, conservation is a great idea, and everyone needs to think about it and implement it at home, work and in our transportation options.
[ link to this | view in chronology ]
Re:
[ link to this | view in chronology ]
RE: Use Less Energy
And as for Public Transit...have you ever tried to USE public transit in Las Vegas? It's a joke. It takes you 3 hours to get across town. So I'm supposed to spend 6 hours a day getting to an from work?
[ link to this | view in chronology ]
Re: RE: Use Less Energy
[ link to this | view in chronology ]
Ride a bike
[ link to this | view in chronology ]
Re: Ride a bike
[ link to this | view in chronology ]
I'm such a lazy bum
[ link to this | view in chronology ]
It's 10-15 minutes for me
So overall I spend about $200 less on petrol (I'm not in the US), for a $50 overall saving, and feel a lot healthier and happier. It's so great not being stuck in the traffic too and I have more free time.
I'm not suggesting you up sticks and move, I'm suggesting you make small choices as the opportunity arises. Next time you move, take the cost & time of the commute into account. Next time you replace a piece of electrical equipment, price in the cost of the electricity.
Switch stuff off. I have my TV stack on one switch block, so I can flick a switch and everything but the HD recorder (the clock) can be switched off. Same with the computers, cable modem, router etc. all on a single switch block. A bonus here, was that when I switch them on in the morning, I get a new IP address for better privacy. But also there's less waste heat to make the nights too hot.
I installed a great power shower, I was a 'bath' man, but now I have a decent shower unit and I love it.
There are lots of little choices I make and they all seem to have lots of little side benefits.
[ link to this | view in chronology ]
just something to think about
but if you find yourself in either of those ends, you should think about why others make the choices they make.
im single, and i qualified for a loan to people with "low to moderate" income. however, i live in one of the nicest communities and its near my work. i was able to buy a small place because of the fact that im single with no children. so i gave up size for location.
i also bought a motorcycle and use that instead of my car when i can. no children to cart around. i would bicycle but there is no safe way to get to work from my house.
i recycle so much that i can get by with putting trash out once every two weeks.
i buy some energy efficient bulbs, but use halogens where light matters.
not too many people are advocating that you give up everything, but there are small lifestyle choices you can take into consideration when the opportunity presents itself.
i know plenty of people who refuse to recyle even though they have curb pickup or the recycle center is close by.
when you need a bigger vehicle, is the H2 (with its 7 miles to the gallon) really necessary? do you really need that 3,000 sq ft home (for two people) that requires over an hour commute? there are plenty of areas we can collectively cut back without making unreasonable lifestyle changes.
[ link to this | view in chronology ]
Who killed the electric car?
Van der Veer is pulling the same PR shenanigans that the oil industry always does.
Interesting how he slips in the line about how alternative energy sources can never keep up with the growing demand...yeah, right - especially if Shell has any say in it.
Various technologies have existed for decades which would greatly reduce our (in the US) dependence on fossil fuels.
Wonder if his tune would change if Shell controlled the market on fuel cell production, or developed better batteries.
[ link to this | view in chronology ]
They are in the "quasi-legally and vaguely collusively manipulating supply to drive up prices while avoiding legislation by paying off politicians from their over-flowing coffers hoping no one blows the whistle sending them all to prison" business.
[ link to this | view in chronology ]
Re:
[ link to this | view in chronology ]
[ link to this | view in chronology ]
[ link to this | view in chronology ]