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By Richard Fernandez

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March 18, 2009 - 1:14 pm - by Richard Fernandez
Eggplant
2009-03-18 17:09:36

Off topic but interesting:

“Shell dumps wind, solar and hydro power in favour of biofuels” refer to:

http://www.guardian.co.uk/business/2009/mar/17/royaldutchshell-energy

Key quote:

The company [Shell Oil] said that many alternative technologies did not offer attractive investment opportunities. Linda Cook, Shell’s executive director of gas and power, said: “If there aren’t investment opportunities which compete with other projects we won’t put money into it. We are businessmen and women. If there were renewables [which made money] we would put money into it.”