
In my day job as a marketing consultant, I've had the privilege to help develop the brands and plans of some of America's biggest renewable energy companies (which don't really get all that big when you consider the scale of energy as a whole). So I was pleasantly surprised to see BP CEO Tony Hayward proclaim that they're "Investing So Much In Alternative Fuels, Sometimes We Almost Forget To Pump Oil!"
Check out the article in this week's issue of
The Onion.
"...Oh, look! I'm waist-deep in cash right now! I didn't even see all this money piling up around my desk. I guess I've just been so focused on developing cost-efficient, clean-burning hydrogen cells that I wasn't even paying attention. Quick, someone take these 40-pound sacks of cash to some guy in Berkeley studying carbon capture and storage..."
This satirical article pokes fun at the contrast, but just proves what a great job BP has done in driving its message home.
In a related story, Houston Chronicle business guru Loren Steffy bashed Dallas billionaire T. Boone Pickens, Jr.'s plan for wind energy development in the Houston Chronicle last week, saying it was "...hard to grasp...how parts of the plan would be implemented." This, indeed, is the problem with many renewable energy plans. At least these days we have real upstream energy players like BP in the driver's seat.
In a formal response to Steffy's concerns, rumor says that Pickens met Steffy for lunch at the Rainbow Lodge today, where he "threw Steffy the keys to his Cadillac and asked him to Simonize it for him" while he smoked a cigar made of $1,000 bills. Also on the docket for Pickens: turning the moon into a horse stable, paving the Panhandle in gold and bringing back Bob Wills to play at Pickens' next birthday party.
With his money, I wouldn't be surprised if he pulls off all of the above.