We failed in 2012. In 2015, we're going to #FailBetter.
In 2012, Alaska’s eccentric tax environment forced us to temporarily defloat our 28,000 ton rig near the island of Kodiak, endangering our plan to develop the Arctic’s rich oil belt. It’s not the first time onerous regulations have given us trouble-- and surely it won’t be the last! --but we're ready to once again conquer the frozen North next summer.
Some regulators and environmentalists are letting emotions stand in the way of America’s energy destiny, but we refuse to be victimized. We're going to #FailBetter in 2015.
The future can’t wait.
We've all heard about global climate change and the challenges it brings, especially to the most vulnerable among us. We know that300,000 people already perish each year from climate-change-related causes, mostly in the world's poorest areas. And evidence suggests that further disruption of our planet's delicate climate could well result in incredibly dire consequences.
We at Shell are as concerned about this as everyone else. But we also recognize that even the most vulnerable need ever-growing fossil fuel resource opportunities for their travel, leisure, science, and infrastructure expansion needs. And all of us, no matter where we live or how old we are, need to explore every alternative at our disposal in order to one day have the hope of achieving a balanced, sustainable approach to energy production.
That's why we at Shell are committed to not only recognize the challenges that climate change brings, but to take advantage of its tremendous opportunities. And what's the biggest opportunity we've got today? The melting Arctic.
We’re preparing to #FailBetter in the Alaskan Arctic in 2015. We plan to drill for oil. What do you plan to do?