Shell Game

June 2009
Earth Island Journal;Summer2009, Vol. 24 Issue 2, p9
The article reports on the withdrawal of Royal Dutch Shell PLC from renewable energy sources such as wind and solar electric power production. According to Shell's head of gas and power unit, Linda Cook, these projects compete with other investment products in their portfolio. The oil company also believes that biofuel or biomass energy is perfect for their oil and gas operations and implies to limit their involvement in the said project. Effects of U.S. President Barack Obama's economic stimulus package to the renewable energy industry are also discussed.


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