Green Daily

There's no money in substainable fuels for energy companies who are brokers essentially. They will just look for new fuels to sell and right now it's about clean fuels for them. Not sure what they'll be doing next year, or the year after if oil keeps exploding like it's current 8 year trend.

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Not to sound like a heretic, but I don't think we should be asking the oil companies to spend their money on sustainable technology. It's fine if they want to do that. However, asking horse breeders to invent the car, train manufacturers to invent the airplane or television manufacturers to invent the computer is a total waste of competence. Moreover, how do you most effectively motivate a company to spend their profits to hasten their demise? I understand well the economic concept of creative destruction, but the infrastructure needed to replace the current carbon based energy system is incredibly large and can only be done with the profits created by the system replacing it. It will just take time.

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"Or, should these oil companies be spending their money on a more sustainable technology?"

Don't know, but offhand I'd say it's Exxon's decision to make.

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