The company was banking
on synfuels to meet growing demand for energy in the future, in a world it believed was running out of conventional oil.
In 1980, after attending a federal advisory committee meeting, Shaw explained why he didn't think the carbon dioxide problem would block work
on synfuels any time soon.
Not exact matches
Although such
synfuels may actually increase greenhouse gas emissions, depending
on how they are produced, they will deliver some independence from the tyranny of petroleum.
In addition to flying the C - 17 across the country — a plane powered by the same Pratt and Whitney F117 - 100 engine employed
on commercial Boeing 757s — the Air Force in August certified its still flying 1950s - era B - 52 bombers to burn
synfuel.
Click here for Part II, an accounting of Exxon's early climate research; Part III, a review of Exxon's climate modeling efforts; Part IV, a dive into Exxon's Natuna gas field project; Part V, a look at Exxon's push for
synfuels; Part VI, an accounting of Exxon's emphasis
on climate science uncertainty.
«Can we go all - out
on efficiency and renewables * fast enough * to keep world (US) real GDP at least flat... and not end up, out of desperation, burning a lot more coal to keep the lights
on and do CTL
synfuels... with bad results.
We have wasted billions of dollars
on such «strong» policies as coal - derived
synfuels; subsidies for the commercialization of wind, solar and electric cars; and worst of all, the ethanol mandate.
As early as November, 1979, Shaw had told Harold Weinberg in a memo
on atmospheric research that environmental groups «have already attempted to curb the budding
synfuels industry because it could accelerate the buildup of CO2 in the atmosphere.»
Nor, it appears, did Exxon elaborate
on the link between
synfuels and global warming in annual reports to shareholders filed with regulatory agencies in those early days, when
synfuels remained at the heart of the company's long term ambitions.
Celulose ethanol can be a «
synfuel» or a «alternate» fuel depending
on the production and feed stock.
Click here for Part II, an accounting of Exxon's early climate research; Part III, a review of Exxon's climate modeling efforts; Part IV, a dive into Exxon's Natuna gas field project; Part V, a look at Exxon's push for
synfuels; Part VI, an accounting of Exxon's emphasis
on climate science uncertainty.