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Mulva on Replacing Oil

Posted on June 16, 2009

My former CEO Jim Mulva spoke today at the National Summit in Detroit, and had some newsworthy comments. Bloomberg reported on his talk:Conoco Chief Says Replacing Oil May Take a CenturyJune 16 (Bloomberg) -- ConocoPhillips, the third-largest U.S. oil company, said it may take a century for the nation to replace fossil fuels with alternative energy sources.I don't know of too many people who think we have a century's worth of oil left. Natural gas and coal? I also seriously doubt we have that much of either of those, especially allowing for economic growth. What I think this means - in any cas...

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alternative energy , carbon , carbon emissions , emissions , fossil fuels , natural gas