Do The Right Thing

authordefault
on

Is the corporate dinosaur dying? Are we teetering on the brink of a new clean and green era of business and development?

While I’m not holding my breath it’s hard to ignore the steps that big business, and in particular big oil, has been taking of late to address the issue of global warming. ConocoPhillips has just announced that it is doubling it’s alternative fuel research spending to $150 million as well as funding a $22 million project to develop bio-fuels over the next 8 years with Iowa state university.

As the fifth largest oil company in the world they join companies like BP and Shell who have led the oil industry in research and development around alternative fuels and reducing carbon emissions. While it’s true that big industries have resorted to ‘green washing’ their action around global warming, we can’t very well criticize business, call it to action and then criticize again when they appear to be doing the right thing. If ConocoPhillips was the Vancouver Canucks in last night’s game, I’d say they were still in the first period – they may be up, but the game is far from over and I’m settling in for a triple overtime.

Related Posts

on

Proposed legislation would further lower regulatory hurdles, despite environmental and public health risks.

Proposed legislation would further lower regulatory hurdles, despite environmental and public health risks.
on

Insiders aren’t surprised as ExxonMobil, the last remaining proponent of green algae biofuel, ends research.

Insiders aren’t surprised as ExxonMobil, the last remaining proponent of green algae biofuel, ends research.
on

Bayer’s efforts to sway public opinion are part of a strategy to “fight any sustainable transition which would harm its business”, say campaigners.

Bayer’s efforts to sway public opinion are part of a strategy to “fight any sustainable transition which would harm its business”, say campaigners.
Opinion
on

Greece’s worst rail disaster ever is the result of the same corporate cost-cutting and deregulation that led to East Palestine and Lac-Mégantic disasters.

Greece’s worst rail disaster ever is the result of the same corporate cost-cutting and deregulation that led to East Palestine and Lac-Mégantic disasters.