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Oil Companies Loath to Follow Obama’s Green Lead

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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-07-09 08:57 PM
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Oil Companies Loath to Follow Obama’s Green Lead
http://www.nytimes.com/2009/04/08/business/energy-environment/08greenoil.html?_r=1&8au&emc=au

By JAD MOUAWAD
Published: April 7, 2009

The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation.

But the world’s oil giants are not convinced that it will work. Even as Washington goes into a frenzy over energy, many of the oil companies are staying on the sidelines, balking at investing in new technologies favored by the president, or even straying from commitments they had already made.
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bkkyosemite Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-07-09 08:58 PM
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1. So did anyone think otherwise...greedy sob's
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babsbunny Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-07-09 08:59 PM
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2. Then I say, "Get Thee Behind Me Satan"!
:headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang: :headbang:
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tridim Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-07-09 09:11 PM
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3. So those "green" TV commercials from the oil companies are lies?
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spag68 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Apr-07-09 10:35 PM
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4. oil companies
IMHO it is great news that they are not investing in green technology. The thought of leaving them behind in the new world causes me to do the happy dance. Why anyone would expect anything from these vampires is beyond me.
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