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“First, we have to find a common vocabulary for energy security. This notion has a radically different meaning for different people. For Americans it is a geopolitical question. For the Europeans right now it is very much focused on the dependence on imported natural gas.”

“First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.”

“Soils could also be giving up their carbon stores: evidence emerged in 2005 that a vast expanse of western Siberia was undergoing an unprecedented thaw. The region, the largest frozen peat bog in the world, had begun to melt for the first time since it formed 11,000 years ago. Scientists believe the bog could begin to release billions of tonnes of methane locked up in the soils, a greenhouse gas 20 times more potent than carbon dioxide. The World Meteorological Organisation recently reported the largest annual rise of methane levels in the atmosphere for a decade.”