More thoughts in Big Oil and it’s impact on Green TEch
Posted by Geoff Jennings on October 20th, 2008Referring to Shell, the article says this:
The oil titan has quadrupled its budget for renewable-energy projects this year, Bloomberg reported Thursday.
Similiar to what I posted earlier about the influence on oil, I think these guys increasing their influence could be major. Even 2-300 Million a year would be a considerable investment for this sector.
The article:
Greentech Media | Shell Boosts Renewable-Energy Spending
Here is what I wrote Friday about oil companies and Clean Tech or Green Tech:
http://www.cleantechdealflow.com/2008/10/what-you-dont-know-about-energy-can.html