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Oil companies are thinking about a low-carbon future, but aren't making big investments in it yet

  • Written by Lewis Fulton, Co-director, STEPS (Sustainable Transportation Energy Pathways), University of California, Davis
Oil companies are thinking about a low-carbon future, but aren't making big investments in it yetOil pump jacks in Williston, N.D.AP Photo/Eric Gay

The global oil industry stands at a crossroads. Corporate leaders are weighing how closely to stay wedded to their legacy business – finding, extracting and refining fossil energy – versus preparing for an uncertain low-carbon future.

There are signs of an impending pivot. Most of the...

Read more: Oil companies are thinking about a low-carbon future, but aren't making big investments in it yet

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