[It is] what I consider, basically, an old, outdated, uneconomic, and highly dangerous technology.

My bet is that China is indisputably number one in renewable energy within five years. They now have key state sponsored support and one advantage of a centralized economy is that these massive projects can be put into effect very quickly.

The question for oil executives is whether you're in the oil business or the energy business.

Rising demand for energy, food and raw materials by 2.5 billion Chinese and Indians is already having ripple effects worldwide.

It's all old. It's all outdated. It needs someone who's prepared to invest.

What is dangerous is not to consider all the possibilities.