Thursday, October 30, 2008

Companies with poor records on environmental damage try for change


Few people call it eco-friendly when a company like Royal Dutch Shell, to pump natural gas and make petroleum products, disturbs coral reefs and damages the habitats of rare desert truffles and vulnerable birds. But the energy giant may have found a way to turn local environmental losses into a plus for biodiversity - and its business.

To make up for lost habitats in Qatar, where it is building a vast natural gas operation, Shell plans projects in other parts of the emirate to increase the antelope population and help to preserve endangered turtles and sea-cows.

"Sometimes you say there are no good solutions, but then you can agree on compensating measures elsewhere," said Jeroen van der Veer, the chief executive of Shell. "We are an extractive industry and we do build large installations," but Shell "can only get those new projects if we are in harmony with society, and certainly with local society."

See full Article.