{"id":6894,"date":"2016-05-26T16:25:14","date_gmt":"2016-05-26T15:25:14","guid":{"rendered":"http:\/\/www.theoillamp.co.uk\/?p=6894"},"modified":"2016-05-26T16:25:14","modified_gmt":"2016-05-26T15:25:14","slug":"one-thing-learnt-week-oil-company-greenwash","status":"publish","type":"post","link":"https:\/\/www.theoillamp.co.uk\/?p=6894","title":{"rendered":"One thing we have learnt this week – Oil company greenwash?"},"content":{"rendered":"

\"DSCN1669\"<\/a>Is the recent interest in renewables by oil companies just greenwash?\u00a0 A long time ago I took a friend from church who worked for Wood Mackenzie (a research and consultancy firm involved in the mining and oil industries) to a Scottish parliament renewable energy group meeting.\u00a0 No peak oil or climate sceptic afterwards he said “you do know Neil that all this interest by the oil companies in renewables is just greenwash?”.\u00a0 At the time the oil majors had big interests in renewables.\u00a0 Big is a relative term none of the their green interests could in any way be said to be a major part of their businesses.\u00a0 But at that time BP had major solar and some wind farm interests.\u00a0 BP solar was at one time the second largest PV manufacturer in the world.\u00a0 I bought their modules which are still on my main roof.\u00a0 They even branded themselves at “beyond petroleum”.\u00a0\u00a0 Shell had wind and solar manufacturing interests.\u00a0 BP sold their PV subsidiary and closed their research labs at the aptly named Sunbury in the UK.\u00a0 Shell sold their PV manufacturing to Total of France.\u00a0 (There were said to be reliability issues with modules Shell sold in the developing world.)<\/p>\n

It seemed as though the oil companies had given up on renewables until recently.\u00a0 But now the oil majors are dipping a toe in the alternative waters.\u00a0 Apart from Saudi Arabia which as I have written about is saying they want to get out of oil, Statoil, Total and Shell are all involved in some way.\u00a0 The question is why?\u00a0 Is it the Paris climate talks, peak oil, falling oil prices or the fact they can pick up renewable assets cheap at the moment?\u00a0 Who knows. The sums they are investing are a very small part of their revenues (less than 1%).\u00a0 Greenwash?\u00a0 We will see only Total is thought to be serious according to many environmentalists.<\/p>\n

Neil<\/p>\n","protected":false},"excerpt":{"rendered":"

Is the recent interest in renewables by oil companies just greenwash?\u00a0 A long time ago I took a friend from church who worked for Wood Mackenzie (a research and consultancy firm involved in the mining and oil industries) to a … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"footnotes":""},"categories":[17,4],"tags":[192],"class_list":["post-6894","post","type-post","status-publish","format-standard","hentry","category-one-thing-we-have-learnt-this-week","category-renewables","tag-greenwash"],"yoast_head":"\nOne thing we have learnt this week - Oil company greenwash? - The oil lamp - shining God's light on peak oil<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.theoillamp.co.uk\/?p=6894\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.theoillamp.co.uk\/?p=6894\",\"url\":\"https:\/\/www.theoillamp.co.uk\/?p=6894\",\"name\":\"One thing we have learnt this week - Oil company greenwash? 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