Tuesday 31 March 2020

Oil Price Crash Opens A Window Of Opportunity For Renewables

Oil Price Crash Opens A Window Of Opportunity For Renewables

Just a month ago, companies and investors had a financial incentive to continue investing in new oil and gas projects despite the societal and environmentalist backlash against fossil fuels. Not anymore. In just a couple of weeks, the oil price crash made investments in renewable energy starting to look more attractive. Or at least as attractive as investment in oil and gas.

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