Thursday, July 02, 2009
Beyond Petroleum? Not Anymore
It seems that British Petroleum's quest to go "beyond petroleum", is being vastly scaled back due to the impracticality of it all. It's not that they haven't tried. They've beaten their brains out trying to develop solar, they've tried the wind thing. And what have they discovered: Shazam! They don't work, they aren't competitve according the Tony Hayward, BP's CEO:
"I think solar is probably the most challenged of all of BP's alternative energy interests. It is not going to make the transition to be competitive with more conventional power -- the gap is too big. If solar is going to make a breakthrough, there will be a technology disintermediation step.
Well let's see .... How long have we been trying the solar thing? Literally decades. How many times do you see those crappy old solar panels taking up space on the roof of someone's house that have been there since the 80s and don't work anymore? They've been around since the 70s and poor saps just like you and I have been losing their asses on them ever since. They simply don't work well enough for people re-coup the investment in a reasonable period of time. So crappy old non-functioning solar panels sit on top of old houses. Don't tell me we haven't had time to develop the technology -- it just isn't competitive. Tony Hayward agrees and he should know because BP has put billions into "alternative energy" over the years (not to mention those cute commercials where they ask Americans, many of whom can't tell you why we celebrate Independence Day, what types of "alternative energy" BP should be exploring to go "beyond petroleum".)
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