A few years ago, I had the honor of keynoting a Warburg Pincus conference on energy in Houston, Texas. I told this group of oil and gas executives that they had to re-assess what business they were in: not drilling and selling petroleum products, which was a mid-term game at best. Rather, I suggested they were in the business of selling carbon's covalent bonds.
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Published: July 19, 2012
Last Revised: July 19, 2012
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2 Comments
Interesting article, I have a few questions. OK, I admit that I want a cleaner Earth, but to date technology to do what you are preposing does not truly exist, so how do we get there without going backwards? Second, I understand the impact that it is possible to link to man, but change is what the climate does and the Earth has gone through these cycles since the beginning of time, so what part of this is man and what part is nature? Finally, I don't understand what you mean as 'near-zero' footprint? Solar panels have to be produced and the materials must come from some place. Transport must be developed and built with this new technology, where does that material come from? With Solar making up such a small percentage of our (EARTH's) energy generation, how do we continue our current life styles.
Thank you for your questions about this Predicting the Future article. Please see Mark's replies below that correspond to each one:
Interesting article, I have a few questions. OK, I admit that I want a cleaner Earth, but to date technology to do what you are proposing does not truly exist, so how do we get there without going backwards?
Second, I understand the impact that it is possible to link to man, but change is what the climate does and the Earth has gone through these cycles since the beginning of time, so what part of this is man and what part is nature?
Finally, I don't understand what you mean as 'near-zero' footprint?
Transport must be developed and built with this new technology, where does that material come from? With Solar making up such a small percentage of our (EARTH's) energy generation, how do we continue our current life styles?