"Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables"
About this Quote
The most pointed subtext is about motive. If executives “know very well” their product will be uncompetitive, then today’s lobbying, greenwashed advertising, and delay tactics look less like disagreement and more like a liquidation strategy: extract maximum profit during the runway, socialize the costs, and leave governments and communities holding the climate bill. Hawken turns what’s often treated as a moral debate into a question of corporate foresight and, implicitly, corporate negligence.
The 30-year horizon is also deliberate. It’s long enough to sound strategic, short enough to indict anyone using “we can’t change overnight” as cover. Hawken is speaking from the cleantech and climate-activist context where renewables’ falling costs and deployment scale are not speculative, they’re visible trends. By predicting “very high prices” and “uncompetitive” in the same breath, he spotlights an industry trapped by its own economics: it can remain profitable only by becoming, for everyone else, intolerable.
Quote Details
| Topic | Technology |
|---|---|
| Source | Help us find the source |
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Citation Formats
APA Style (7th ed.)
Hawken, Paul. (2026, January 17). Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables. FixQuotes. https://fixquotes.com/quotes/interestingly-the-oil-companies-know-very-well-80502/
Chicago Style
Hawken, Paul. "Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables." FixQuotes. January 17, 2026. https://fixquotes.com/quotes/interestingly-the-oil-companies-know-very-well-80502/.
MLA Style (9th ed.)
"Interestingly, the oil companies know very well that in less than 30 years they will not only be charging very high prices, but that they will be uncompetitive with renewables." FixQuotes, 17 Jan. 2026, https://fixquotes.com/quotes/interestingly-the-oil-companies-know-very-well-80502/. Accessed 16 Feb. 2026.



