OTOH, they are money managers and offer investment advice-you can logically only compare them to their competitors, a majority of which are bunco artists and grifters.

Ultimately I think the drill/mine more energy for the sake of keeping modern man running is going to win over any environmental concerns. Money and power really do make the world go round - and we will unfortunately be dragged kicking and screaming into a low carbon age.....but not one where carbon rationing has happened because of green concerns.

There is talk all over the world (especially here in the UK) of revisiting all those previously uneconomical coal seams.

Also carbon sequsetration will remain the echelon of the ever hopefull greens and big corps mouthing off about new green technology to seem like they are doing something (whilst actually doing virtually nothing.)

I can't remember specific figures but BP's "green" investment is a drop in the ocean compared to their total profit. Disgusting? Yes but then the shareholders and director always come first.
Furthermore the NOC's don't give amonkeys about being green.

Marco.

"Their solution is drill everywhere and burn more coal."

As oil detoxification takes hold, the junkies will not be rational. I suspect it will get weirder and weirder with every uptick in price. The longer I study the subject and the response of our society to the issue, the bigger doomer I become.