Oil Executive Tells Truth Shocker!
Posted by keith on October 27th, 2009
Crazy days as the unreal world approaches Copenhagen: corporations and a fair few governments are balking at the potential deals on the table — even though, if we’re being truthful here, they are hopelessly, awfully, ruthlessly inadequate. You will see a HUGE amount of greenwashing going on over the next few weeks, and the astroturfs are going to be piling on the pressure to ensure that everyone, not just politicians, sees a 2 degree temperature rise as something easily avoidable while industry keeps being industrial.
Basically, no one is going to be happy, and the planet will burn because no one in the civilized world will face reality…except one, maybe:
In a sign that some of the oil majors, which are preparing to announce 60pc-70pc drop in net profits this week, are becoming bolder in their opposition to international efforts to reduce carbon dioxide emissions by 80pc over the next four decades, a senior executive who spoke to The Sunday Telegraph said there was currently a large degree of wishful political thinking about the changes targeted by the global summit.
“If you look at the Copenhagen targets they are basically completely illusory,” he said. “There’s no way to hit those targets and it would be very silly to think that we can.”
At first glance, I reacted with anger; and then realised that, maybe without realising it, he had hit on that very deep truth that needs saying out loud again and again: Industrial Civilization cannot co-exist with a healthy planet.
It doesn’t need an awful lot of analysis to see this; basically, if you are an oil company, the existence of which depends upon people using oil (or a coal company, agribusiness, clothing manufacturer and so on, the existence of which depends on people using whatever you produce) then supporting anything that may hit that business model will be economic suicide. Even if an aspirational 80% reduction in carbon emissions (60% globally) by 2050 has absolutely no chance of stopping runaway climate change, it’s still enough to make the profits crumble, which is one pillar of Industrial Civilization gone, there and then. Make changes that are actually sufficient to rein back climate change — and no one really knows what they are, but let’s say 90% reductions by 2020 — then not only will the entire global economy collapse, but the entire way of life that much of humanity has grown up thinking is its birthright will have to go.
Climate Change Stopped = Industrial Civilization Ended
So, well done, whoever that anonymous source was: you’ve really put the cat amongst the pigeons now.
October 27th, 2009 at 7:20 am
“There’s no way to hit those targets and it would be very silly to think that we can.”
Translation: “There’s no way we will let anyone get anywhere near these targets, and it would be very silly to think that we in the oil industry could ever capitulate to such demands.”