Here on Price Tags, we’ve published a few articles on pending disruption in the motor vehicle industry from autonomous vehicles. While it’s far from clear what will ultimately happen, at what rate, in which sectors first and which company will dominate — major disruption is no doubt underway.
The Economist has produced this nifty video on the disruption now facing fossil fuel-based energy companies. The video (length 14:48), looks at two large European energy companies, a village, their plans and the investments they all are making in transition to a post-carbon (or diminishing carbon) world. It’s the latest in a series they’re doing on disruption of industries.
Meanwhile, here is BC, we double down on production of fossil fuels, complete with fuss-free shipment facilities for any and all fossil fuels from anywhere. Never mind the possibility of massive stranded assets. Presumably, BC’s coal shipment volume projections just rise and rise. Our thinking seems mired in 1957.
Noteworthy to me are the massive opportunities described here as part of the transition.
Thanks to The Economist for this video.
Alternative energy is forcing fossil-fuel giants to reinvent themselves. Find out how in the latest film in our new series, “The Disrupters”, which examines industries undergoing transformation.