Shell spreads its bets around as it prepares for a greener future

“To insulate itself, Shell has begun allocating up to $2 billion per year — out of a capital budget of up to $30 billion — to electric power and other alternative energy. So far, it has bought First Utility and invested in operations as varied as a California solar energy business, an offshore wind farm in the Netherlands, a ride-sharing app start-up in London and even a company that provides charging outlets for electric vehicles.”

Click here to read more from NYT.

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