Michael O Leary & Fracking
Michael of Ryanair fame was in great form this morning at the Mullingar Park Hotel breakfast briefing where he fielded questions from a 600+ strong audience. He was blunt, humorous and certainly outspoken in his responses, in the manner that we have come to love about his unique character. The Chair for the morning was none other than the experienced and reputable Olivia O Leary (no connection I’m told). However even Olivia could not keep any reins of the Ryanair CEO who was certainly in full flight mode.
That said, and much was said, one position that Michael has adopted leaves me unsettled and uncomfortable and simply can’t be let go unchallenged, unlike some of the more lighthearted tongue-in-cheek comments “I’ve nothing against cyclists I just wouldn’t eat one whole”
He is in favour of gas/oil fracking. He is unashamedly in favour because fracking in his words it will keep a restraint on possible global fossil fuels price rises. He also said this morning that passenger costs are now at €40 average per person and he hopes to get this as low as €20 in the future. Of course this is the fundamental underlying business model for Ryanair… keep the fares low. Michael O Leary is a very much respected as a thought leader in business and his words are quoted and re-quoted by all media channels. His influence is wide, so more than ever we need Michael to review his stance of fossil fuel exploitation.
So here’s the issue. Why Frack the guts out of this fragile earth, cause untold damage to water supplies, climate change and the delicate biodiversity of the little blue planet … all for the sake of a few Euro price reductions in what is already accepted as the cheapest airfares. I am a regular Ryanair passenger and will gladly pay an extra amount if it keeps some sort of sustainability in the fuel mix of Ryanair.
I would respectfully request that Michael reviews his position on fracking as a means of curtailing the price of future fuel supplies. The cost to the environment is too high. If as CEO of Ryanair, Michael is unwilling/unable to change position perhaps he might do so on behalf of his own children, who will otherwise inherit a world on a glide path to a climate incompatible with human life.