I guess it’s a shame that the Rockefellers aren’t involved with Shell Oil. Shell, the company that makes over $75 million per DAY, is pulling out of its commitment to The London Array, an offshore wind farm that was predicted to generate over 1000 Megawatts of clean energy to Britain. Without Shell’s financing, the project is in jeopardy. Environmentalists are accusing Shell of backing away from green projects because oil is much more profitable. Shell denies the claim and says that The London Array decision was nothing more then an “ongoing review of projects and investment choices”.
Read More At The Guardian
Winds of change: Shell ditches renewable stake amid fears of a retreat to carbons