Shell Ends Its Small Investment in Renewables

The oil company Shell, which recently launched a blog about climate change issues, announced that "it will no longer invest in renewable technologies such as wind, solar and hydro power because they are not economic." Instead, "it plans to invest more in biofuels which environmental groups blame for driving up food prices and deforestation." Shell will also work to develop "cleaner ways of using fossil fuels, such as

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