Four of the world’s five major oil companies (Big Oil) have announced their withdrawal from renewable energy
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I wonder if any of you sea friends have seen this news: it says that four out of the world’s five major oil companies (Big Oil) have announced their withdrawal from renewable energy. Just search for “oil giants pulling out of new energy” on Google or Baidu, and you can find this news story. The link below is one provided by one of the websites. http://www.inewenergy.com/news/0611126102015.html Leaving aside the content of the news itself, this article has been reposted many times on various websites, yet no clear indication is given as to its source; sometimes one party claims the source is another, and vice versa. . . I wonder if any of the surfers here have seen where this news came from or if it was translated from English? Anyway, I didn’t find it. On the contrary, I have seen similar news on English-language websites, but it mentioned the exact opposite. What I want to say is that anyone working in the field of new or renewable energy will feel upset upon seeing this news. If this news is true, then we should wonder why these giants are withdrawing If it’s not true, what’s the purpose of this news? Why try to mislead people?
Here’s another news item I saw recently: in the field of new energy, it are the new and small companies with innovative capabilities that are making headway, while large companies approach this area with traditional thinking
That’s how it works. However, it is difficult for those small companies to drive the development of the entire industry by innovating only at the technical level. Because whether an industry can truly develop depends on the support provided by **’s policies, regulations, and laws. Without going into too much detail, we do pay some attention to the moves of those traditional giants. So I think that the withdrawal of those giants from the new energy sector has a negative impact on the development of this field to some extent. Everyone is welcome to join the discussion
Don’t rely on the giants – they all suffer from their own problems. They spend money to put on a show and then arrive at impossible conclusions. Once those giants withdraw, it becomes an even bigger stage for smaller companies