Great News: Oil Majors Are Backing Down on “Green” Energy Projects

It is a good thing that these massive multinational companies are reducing their investment in green boondoggles, even if that divestment is only by a third or so. More money being put towards stable and dependable energy will benefit consumers over the long-term. It’s a shame the funding isn’t drying up entirely. Every dollar spent on net-zero programs and technologies carries high opportunity costs.