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They do invest in renewable energy, as it becomes the clear replacement for diesel and gasoline. First you had the decarbonization of the electric grid, and of
by flavius29663 5y ago
They do invest in renewable energy, as it becomes the clear replacement for diesel and gasoline.
First you had the decarbonization of the electric grid, and of course that those companies de-carbonized first. Now that cars are getting de-carbonized, you see Shell, BP and others invest in green energy as well.
These are companies that respond to shareholders, not sure how they could "invest for the greater good" at a loss without betraying their investors. Only governments can invest at a loos, if the public opinion can stomach it.
https://www.forbes.com/sites/scottcarpenter/2021/03/29/shell-plans-to-double-down-on-strengths-as-a-retailer-in-new-net-zero-world/ https://www.forbes.com/sites/scottcarpenter/2021/03/29/shell...
https://www.wsj.com/articles/bp-bets-future-on-green-energy-but-investors-remain-wary-11601402304 https://www.wsj.com/articles/bp-bets-future-on-green-energy-...