ReneKMueller.com: Mobility Diary *

2009/03/25
Shell quits alternative energy investments

last edited 2009/03/30 19:32 (*)

, the UK-based energy company Shell

quits wind, solar and hydro power investements - as if it was just too good to be true to have an oil company to metamorph into a "green" company - so we are back in reality, Shell is and was always an oil company and will end as such as well.

The same week Obama announces to invest more into wind farms and bring US back to leading development in that area of expertise, which in the last 10 years was dominated by europeans. Isn't this odd, one quits, another starts to invest more in the same technology?

Source: Guardian Article

Tags: Royal Dutch Shell, Alibi Engagement, Hydro Power, Wind Power, Solar Power | Permalink

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