Renewables

Remember “green” Enron and “beyond petroleum” BP? Ken Lay and John Browne touted their respective companies as the new future of an old industry. Shell, too, burnished a green image from its European headquarters.
In contrast was Lee Raymond of ExxonMobil, rejecting investments in wind and solar as a fad that would not serve his stockholders well. Renewable energy, generally speaking, Raymond told the Economist magazine back in 2003, “is…

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