Re:Shell employees urge CEO to rethink shift from renewables...
by linsomniac on Saturday September 30, 2023 @10:43AM
(#37715896)
As a fellow investor, I started investing in RDS a couple years ago because I liked the opportunity for them using their oil war chest to springboard into renewables. Being an "energy company" rather than an "oil company". It's been doing pretty good, up 20%, but if they're just going to be another oil company, I'll probably put my money elsewhere.
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Re:Shell employees urge CEO to rethink shift from renewables...
by akho on Saturday September 30, 2023 @11:01AM
(#37716079)
Why not ask them for the war chest money, and decide on your renewables allocation yourself? This whole “we're green now” approach is a very transparent plan of the management to remain in control of the “war chest”.