http://www.triplepundit.com/2009/07/big-oils-knocking-on-the-renewable-door/ Business, Better. Since 2005 Fri, 10 Feb 2012 04:15:00 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://www.triplepundit.com/2009/07/big-oils-knocking-on-the-renewable-door/comment-page-1/#comment-9697 Jen Boynton Fri, 03 Jul 2009 05:47:57 +0000 http://www.triplepundit.com/wordpress/2009/07/big-oils-knocking-on-the-renewable-door/#comment-9697 How does this jive with BP shutting down their alt energy HQ? How does this jive with BP shutting down their alt energy HQ?

]]> http://www.triplepundit.com/2009/07/big-oils-knocking-on-the-renewable-door/comment-page-1/#comment-9696 Peter Whitehead Thu, 02 Jul 2009 16:01:47 +0000 http://www.triplepundit.com/wordpress/2009/07/big-oils-knocking-on-the-renewable-door/#comment-9696 As you say, geothermal should be the number one focus area for oil companies if they are serious about becoming next generation energy companies - as it is the only one that really makes sense as a new business area that leverages an oil company's core competencies. The other areas Don Paul highlights are really just illustrative of how any company can get advantage from using green tech to improve internal operations. I don't see much evidence that oil companies are making any risky bets just yet that could cannibalize their hydrocarbon based revenue streams. As you say, geothermal should be the number one focus area for oil companies if they are serious about becoming next generation energy companies – as it is the only one that really makes sense as a new business area that leverages an oil company’s core competencies. The other areas Don Paul highlights are really just illustrative of how any company can get advantage from using green tech to improve internal operations. I don’t see much evidence that oil companies are making any risky bets just yet that could cannibalize their hydrocarbon based revenue streams.

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