According to Bloomberg, with fossil-fuel alternatives limiting growth in oil demand, Big Oil is using its experiences in building off-shore oil rigs to anchor massive turbines on the seabed. Reportedly, with the clout oil companies possess, they will be able "to finance projects more cheaply than many of their competitors."
Shell, whose CEO Ben van Beurden has said oil demand may peak in the second half of the next decade, has set up a business unit to identify the clean technologies where it could be most profitable. The company began more than 180 years ago importing shells from Asia and needs to adapt to ensure it’s still around in another century, according to Sinead Lynch, the company’s chair for U.K. businesses.
Wind farms are especially interesting to Shell because they can power electrolysis reactions that make hydrogen, which the company says may be a major fuel for cars in the coming decades, said Lynch in an interview.
|"The first 'truly feasible' contraption to reduce ocean plastic is already in use"|
|“What if energy generation was a consumer electronic you could order off Amazon?”|
|“To pass a day without encountering some form of plastic is nearly impossible.”|
|Canada Selling Bottles of Air for $20 a Pop to the Chinese|
|Upcycling Old Mobile Phones to Monitor Illegal Logging|
|Fake Name Generator|
|“A machine meant to hurl rockets into space.”|
|“The only thing worse than assuming that carbon removal will save the day is assuming it will save the day.”|
|Japanese Robot Serves Ice Cream From Inside a Vending Machine|
|Chinese warehouse organises, packs, and fulfills 200,000 orders a day with four people|
|How to Avoid Jury Duty|
|What Computers See When They Watch a Movie|
|“Are the puppets coming for our jobs?”|
|Recycled Vacuum Lamps|
|The (Very Scary) People of Public Transit|
|CaptchaTweet: Write Tweets in Captcha Form|
|David Reeves' Paper Cutouts Inspired by Classic Cult Movies|