Big Oil’s Race To Net Zero

Big Oil’s Race To Net Zero

OilPrice.com

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European supermajors have been all but shouting about it: they are diversifying into renewable energy, and they will all be net-zero companies by 2050, in line with Paris Agreement targets.   But who will get there first?  Shell, BP, and Total have all been pretty active in the renewables department in the past few years, with motivation flowing in from investors who want to see a more sustainable business that will continue to maintain strong dividends wherever oil prices go, from governments pushing for cleaner energy, and from…

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