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Why do big oil companies invest in green energy?

  • Written by Michael Oxman, Professor of the Practice of Sustainable Business, Georgia Institute of Technology
Why do big oil companies invest in green energy?A flare burns natural gas at an oil well on Aug. 26, 2021, in Watford City, N.D.AP Photo/Matthew Brown

Some major oil companies such as Shell and BP that once were touted as leading the way in clean energy investments are now pulling back from those projects to refocus on oil and gas production. Others, such as Exxon Mobil and Chevron, have...

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