Shell says it wants to double green energy investment
“Shell has declared an ambition to double the amount it spends on green energy to $4bn (£3.2bn) a year, in a sign of how the Anglo-Dutch company is looking to speed up its move to a future beyond oil and gas.
Maarten Wetselaar, the head of the gas and new energy unit which generates a third of the company’s revenues, said he wanted to raise Shell’s investment in low carbon energy…”
The oilies
Hi
The writing has been in the wall for some time. Let’s see what Shell does with its expressed intent to invest more.