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If the oil companies were acting in the best interests of the shareholders, they would be all-in on renewables. But US oil companies act in the interest of corp
by ncmncm 4y ago
If the oil companies were acting in the best interests of the shareholders, they would be all-in on renewables. But US oil companies act in the interest of corporate officers, who are all close to retirement.
- hrgiger 4y agoFor me its more like old 'dinosaur' cooperate mentality slows down r&d on alternatives, maybe its more of a fear taking a major step, while other startups with main focus on green energy taking the field and attention. Yet still countries like Norway recognized this years ago and started investing on green.