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3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Let this sink in: In 2018, Big Oil spent less than 1% of its combined budget on green energy projects. 2 Total SA.

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ABB charges into the future with Formula E

Charged EVs

Once fleet managers understood that the return on investment, and total cost of ownership of these vehicles, was better than gas, and they could justify that largely without incentives, that really accelerated the development of fleets, and that incited development in the energy management space. There’ll be more of that.