Racket wrote:
agip wrote:
Big oil knows it is no longer in a growth business. Their stocks going nowhere for 10 years during a bull market also tell us that.
They all see the writing on the wall and they're trying to convert to solar and wind (and LNG of course). Look at the demise of coal - it's even worse.
What's amazing is that a lot of these US companies are turning to renewables even though there's no real mandate from the White House to do so. This administration is probably the least climate change friendly one we've had but at the end of the day good ol' fashioned price signals remain undefeated.
Watch the new documentary on renewables...totally backed by coal and natural gas.
Just another scam