Oil Companies Blend Renewable Energy Into the Mix
Profit and predictability drive a growing investment by Big Oil in solar, wind, and other green resources.
European oil companies have started what we can hope is a worldwide trend of folding solar, wind, and other renewable energy sources into their production portfolios.
Unsurprisingly, this resource diversification is motivated by profit. The oil business is volatile and unpredictable compared to the sure bets of sunshine, geothermal power, and wind....