Shell To Become A Renewable Energy Company?
By Zoltan Ban: 20 July 2018
Summary
- Shell’s Energy Transition Report envisions a low fossil fuel future. It is therefore taking steps to adapt to this vision.
- It is currently spending about $1-2 billion per year on a segment called “new energies”.
- While its Energy Transition Report seems unrealistic, raising potential concerns in regards to Shell’s investment strategy, there are valid reasons to diversify, such as low oil & gas discovery levels.
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Posted in: Alternative Energy, Alternative Fuels, Climate Change, Environment, Oil, Royal Dutch Shell Plc, Shell, Solar Power, Wind Power.
Tagged: Alternative Energy · Environment · Royal Dutch Shell Plc · Shell