Today, I’m trying to think through where the conversations about renewable chemical feedstocks must be taking place. Where high level strategists, government departments or agencies, company directors and shareholder action groups must be discussing how to displace crude petroleum oil, Natural Gas and coal as inputs to the global energy and chemicals machine.
Naturally, the conflicting demands of pumping fossil fuels and lowering carbon emissions have reached the boardroom of the major oil and gas company.
Their strategy is ideally for them one that highlights their operations and ignores their product; celebrates their alternative and renewable energy work, yet obscures its minuscule contribution to their total business model.
They need to be asked to focus their attention on synthesised low carbon gas and fuels, to re-centre their businesses on gas, and eventually synthetic gas and synthetic fuels.
So, just where is the ask ? Can the ask come from shareholders, based on annual company reports ?