Big Oil’s Renewables Push Will Come At A Cost
Major cuts to oil production, an equally major boost to clean energy project development, and ambitious emissions reduction targets: this was Big Oil’s pledge for the future last year. It’s worth acknowledging the effect the coronavirus pandemic had on oil demand, which motivated oil companies to diversify beyond their core business, but the motivation was already there as pressure from investors started growing for a more environmentally responsible way of doing energy business. The majors themselves... Читать дальше...
