Exxon - Meeting the World's Toughest Energy Challenges(tm) - I Think Not.
Exxon (the world's biggest energy company) at the 19th World Energy Congress in Sydney, Australia has looked in its crystal ball and predicted that for at least 20 years clean renewable energy sources will not make a significant contribution.
According to Exxon's website the world will need 40% more energy by 2020 than we are using today. This is assuming we DON'T switch to hydrogen - if we do we will need to generate FOUR TIMES more electricity than we do now.
Exxon (Esso in Europe and Imperial Oil in Canada) recently ran an ad campaign claiming that they are "Taking on the World's Toughest Energy Challenges(tm)". The ad suggests that they are providing today's energy and will supply tomorrow's energy (it uses an image of a hydrogen fuel gauge). In my opinion the message is "don't worry we've got future energy needs covered".
Their website boasts "we spend more on research and technology than any other energy company in the world". However Exxon is spending almost nothing on alternative energy research. Exxon also fails to say where all the oil they want us to use is going to come from as BASED ON CURRENT DEMAND we are only finding 1 barrel of oil for every 6 we use.
It will take more than catchy advertising slogans to solve our energy problems.
Exxon's Official Corporate Campaign
Expose Exxon Campaign