News for hackers. Stuff that matters.

A comment on Scotland to use 100% renewables on time to host 2020 climate summit. Parent comment

Re:Scotland to use 100% renewables on time to host 2020 clim... by Ntrails on Tuesday January 28, 2020 @09:04AM (#22169419)
> One of the world's largest oil producers is moving away from fossil fuels

I mean, afaik, they're not moving away from generating oil and selling it. Arguably given the SWF is based on oil production/extraction revenues the obvious conclusion is that they were over exposed and this dis-investment is more like sensible diversification.

But maybe that's just cynicism

[ Parent | on HN ]
Re:Scotland to use 100% renewables on time to host 2020 clim... by lhopki01 on Tuesday January 28, 2020 @10:32AM (#22170281)
They're not moving away. They've just opened up a new field.

https://www.cnn.com/2020/01/19/business/norway-oil-field-cli...

[ Parent | on HN ]