Oil slump may no longer be a curse for renewable energy

Low oil prices are usually a curse for green energy, but this time might be different.
Photo: Jonathan Ernst/Reuters/Ritzau Scanpix
Photo: Jonathan Ernst/Reuters/Ritzau Scanpix
By Laura Hurst, Bloomberg

The collapse of the crude market has seen prices fall below zero for the first time in history. Yet Royal Dutch Shell Plc this month outlined a bold program to slash carbon emissions and invest in clean energy, while Eni SpA said Friday it’ll consider accelerating its ambitious climate plan.

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