KPMG survey finds majority of energy execs see oil over $121/barrel this year; shale expected to have transformative impact, investment in alternatives increasing
Green Car Congress
MAY 12, 2011
Executives also cited solar (31%), wind (25%), advanced, cleaner coal technologies (17%), biodiesel (10%), and chemically stored electricity (batteries and fuel cells) (8%) as alternative energy sources that would see increased R&D investment. 69% anticipate operating costs will go up over the next 12 months as well.
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