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Outgoing BP CEO: fossil fuels essential for decades

December 31, 2019

By Paul Homewood

 

h/t Philip Bratby

 

 

Just to confirm what I was saying about Mark Carney’s latest intervention, Bob Dudley reminds us just why BP won’t be shutting up shop for a while yet:

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BP’s outgoing CEO, Bob Dudley, has accused activists and politicians of oversimplifying energy issues, saying that fossil fuels will remain essential for at least two more decades.

He said some of his daughter’s friends were taking antidepressants because of climate fears.

Dudley said he hated “to see young people so unhappy, so anxious” and his daughter, a social worker in California, questioned his career choices…

BP says, at the current rate of change, oil, gas and coal would still account for 73 per cent of energy consumed by 2040. Even under a “rapid transition” envisioned under the 2015 Paris climate agreement, fossil fuels would account for an estimated 56 per cent, the oil and gas giant forecast.

BP has invested in biofuels and solar power but has faced criticism for channelling only 3 per cent of its annual spending budget into renewable sources.

Dudley, who is to step down as chief executive in February, said: “There will be 2 billion more people, roughly, on the planet by 2040 and we’ll need a third more energy, which is like saying we’re going to need another China and US in terms of scale. Today, renewables are 4 per cent of primary demand around the world. People have simplified this incredibly complex thing far too much. There’s a lot of people who just think, ‘Stop using fossil fuels and put renewables everywhere.’ You will not even come close to that.

The 64-year-old said: “The epicentre of climate change, really, is there’s a coal-fired power plant starting up every week in eight countries in Asia, so the perspective here and in the US is completely different to in Asia because they need to raise living standards for a large, growing population . . . I believe the world cannot have any chance of reaching the goals of Paris without natural gas displacing coal. Natural gas is a potent greenhouse gas, but if it doesn’t leak and you burn it right, it has half the carbon dioxide emissions of coal.”

https://www.energy-reporters.com/industry/outgoing-bp-ceo-fossil-fuels-essential-for-decades/

22 Comments
  1. December 31, 2019 6:08 pm

    Reblogged this on Climate- Science.press.

  2. Coeur de Lion permalink
    December 31, 2019 6:25 pm

    Is the BBC reporting this story? I must complain again.

  3. MrGrimNasty permalink
    December 31, 2019 6:39 pm

    But the BBC is rabidly reporting this:

    “A new provisional maximum temperature of 18.7 °C was recorded at Achfary in Scotland on the 28th December 2019.”

    Isn’t it strange how these ‘actual’ records come out of the woodwork after the fact. They will check the thermometer for accuracy, but they won’t tell us about the quality of the location, or know what was happening there at the time of the reading, or know the level of integrity of someone that may have spotted an opportunity for a moment of fame or to ‘help’ the climate cause – much like the deliberate fire setting that now seems to be happening. I haven’t once heard the BBC remark on the WWF connected arrests in Brazil, or the ~100 arrests in Australia for arson in the current crisis.

    • Brian Blagden permalink
      December 31, 2019 7:03 pm

      Yes, I say that. Met Office have just confirmed to me that likely cause is the Foehn effect. https://twitter.com/metoffice/status/1212059569700122624

      • December 31, 2019 7:08 pm

        Brian

        You might ask them how far back the station records go at Achfary. The previous record was also set in the Highlands in 1948. My guess is that this new station was not around then

        Also the previous record was at Achnashellach – do they still get temps from there? If not, they are comparing chalk and cheese.

        You might get a faster response via twitter, than I do on FOI!

      • johnbillscott permalink
        December 31, 2019 8:04 pm

        Foehn winds are known as Chinook’s in Canada and dumbfounded the famous climate prognosticator Leo DiCaprio when he was in Canada in winter. It can be quite barmy and a short but welcome relief from winter.

      • MrGrimNasty permalink
        December 31, 2019 9:11 pm

        There’s no question it was the foehn effect, as I said per the other highest ‘latest in year’ temperature they tried to make sound significant. We had a frost on the S.Coast that night, it was -2C. Very selective this global warming.

        Independent headline:

        “Met Office records hottest ever December day amid climate crisis.”

        God save us (and not from the climate).

      • Mike Jackson permalink
        December 31, 2019 9:15 pm

        Let us be fair — to be fair! — to the BBC.

        https://www.bbc.com/news/uk-50941114

      • MrGrimNasty permalink
        January 1, 2020 9:48 am

        Is the BBC being ‘fair’ with the truth then, when it buries it on the website to be seen by perhaps a few thousand, but makes no mention of it in the breathless reporting of record temperatures, in the context of ‘climate crisis news’, mentioned multiple times per hour to be heard by many 10s millions on TV and radio?

    • A C Osborn permalink
      January 1, 2020 12:11 pm

      This!
      The lack of reporting of the fires being set by Arsonists says it all about the “value” of the reporting.
      In the current conditions in Australia brought about by the drought (cool sea surface temps), stupid green rules about fire prevention and greening, these peoiple are committing not just arson, but potential & actual manslaughter and should be charged with such.

  4. December 31, 2019 6:45 pm

    Reality is a hard sell to green fantasists stuck in their bubble of climate nonsense.

  5. johnbillscott permalink
    December 31, 2019 6:58 pm

    The tragedy of fear crusades will bear bitter fruits when immature children fed a stream of propaganda start to self harm and even commit suicide in the false knowledge that civilization is on threshold of extinction. The question – who is responsible. It has gone beyond the useful idiots in the education system to the self styled political elite and the eco activists. Yes the climate is changing as it has always done, but, control is beyond the capability of us humans. We can prepare in some ways, however the elephant in the room is overpopulation. On a micro-scale it is evident on the small piece of land called the UK.

    Only the sun will determine the future of this planet.

  6. December 31, 2019 7:25 pm

    It is obvious to anybody with a smattering of scientific or engineering understanding that renewable energy in all its forms will never replace the need for fossil fuels. ‘Sustainable Energy – without the hot air’ should be compulsory reading for everybody. The only technology that stands a chance of replacing fossil fuels is nuclear – fission or fusion – and that is a long way in the future

    • Graeme No.3 permalink
      December 31, 2019 9:47 pm

      Phillip:
      As I am sure you’ve noticed, the graph of CO2 concentration in the atmosphere shows a slightly exponential increasing rate since 1960.
      So all the efforts of the Laputians have had no result. They will blame anybody but themselves.

  7. Coeur de Lion permalink
    December 31, 2019 7:55 pm

    Copied this to BBC Complaints as a counter to their remorseless plugging of Carney. Will they respond? Huh!

  8. Nancy & John Hultquist permalink
    December 31, 2019 8:31 pm

    The new leader of BP should put some effort into nuclear, not that “the climate” cares but the ex-CEO can report to daughter & friends to lay off the antidepressants.

    New Year message to all:
    My Grandmother came from Béal an Átha Móir, meaning “mouth of the big ford” – The small Irish town Ballinamore in County Leitrim, Ireland.
    I did not know her, but like the connection. Thus, to all – –

    May the Good Lord take a liking to you — but, not too soon.

    May your troubles be less and your blessings be more and nothing but happiness come through your door

    May your pockets be heavy,
    Your heart be light,
    And may good luck pursue you
    Each morning and night,
    Like the warmth of the sun,
    And the light of the day,
    may the luck of the Irish shine bright on your way.

    • Mike Jackson permalink
      December 31, 2019 9:32 pm

      And a Happy New Year to the two of you as well! And to all those who are trying to make the world, each in their own small way, a better place.

      And there’s a hand my trusty friend!
      And give me a hand o’ thine!
      And we’ll take a right good-will draught,
      for auld lang syne.

      (Translated from the Scots for those less blessed. Anyone caught singing “for the sake of auld lang syne” will be expected to report to the punishment block for re-education!)

      Slàinte mhath!

  9. markl permalink
    January 1, 2020 3:31 am

    For many decades if not a century. There just isn’t another option available with today’s technology. Even nuclear can only provide a portion, perhaps a large one, of today’s and future energy needs. These people are thinking without reason, just results. This scenario will not happen within their time frame because the results would be catastrophic to life as they know it.

    • Nancy & John Hultquist permalink
      January 1, 2020 4:56 am

      Think about when the town you now live in got 24/7 electricity.
      Here in the USA the rule of law, private ownership, and capitalism
      produced rapid electrification of even small towns after 1881. Rural areas – not so much.
      To me it is astounding that so many people world wide go without.
      This is not all energy but it is exceedingly important.

  10. Thomas Carr permalink
    January 1, 2020 11:36 am

    Pity about Bob Dudley’s daughter’s friends. Surely it cannot be because of lack of education, enquiring minds and a tendency to the neurotic.

  11. January 1, 2020 10:35 pm

    We can dream as much as we want all day long. In the end, we need reliable and working systems that are capable of carrying us when things go apecrap. And we may hope and project as much as we want, those systems are not driven by renewables. The only thing renewables do very reliably is lining the pockets of those running this madness. But I know a cure – just subject those Angst obsessed people to 6 months to pure renewables lifestyle completely unconnected to anything fossil. Make them bear the costs, make them enjoy the blackouts and the load shedding, make them live the dream. 99% of them will be healed. They will appreciate what they dump upon now.

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