3 Oil Majors That Bet Big On Renewables
Green Car Congress
AUGUST 31, 2020
Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. ENI also says that its renewable projects will achieve an installed capacity of 3 GW in 2023 and 5 GW in 2025. Further, natural gas can be used to keep the power grid stable as solar and wind power fluctuate.
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