Twin scenerios of Shell
Jun. 30th, 2008 by AlPetroleum giant Shell recently mapped out 2 possible outcomes for our declining fossil world.First one is called Scramble and the second named blueprints.Let me summarize the 2 scenerios:
Scramble view:
a)World leaders cannot find the will to follow up on their promises to reduce carbon emissions as lower consumption of energy will affect the socio economic living many developed countries enjoyed and developing countries aspire.
b) Using biofuels for our energy needs but drive up our food prices by doing so. Many poor in our world will find it impossible to get cheap food.
c)Survival politics will be more frequent than ideologies in an oil scarce world.Coups will become more common in third world and volatile region.The fight for remaining oil resources will sour ties even between once cordial relations between countries.
Blueprint view :
a)Awakened giant China will become more concerned about her role in climate change and respond to it in a positive sustainable manner.She will use the revenue from the auctioning of emission permits which will distribute to other nations in the future.
b)Oil rich countries like the middle east and russia playing a bigger role by exporting more oil for more profits, they’re able to do this as their domestic demand drops in favour of alternative energy.
c)Enviromnental friendly financial markets and insurance develop and cash in on the emerging green trend and governments become more green due to a eco friendly populace.
The above scenerios by Shell shows how the leaders and her people in the world can make a difference between confrontation and cooperation in the energy scacre planet.I personally feel that our world may be going into a hybrid of the duo outcome hopefully with the blueprint weighing more in the process
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