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Published 2 years ago

Investors on board as U.S. oil majors dismiss wind and solar projects

Summary by Reuters
By Sabrina Valle and Ross Kerber HOUSTON/BOSTON - Top U.S. oil firms are doubling down on drilling, deepening a divide with European rivals on the outlook for renewables, and winning support from big investors who do not expect the stateside companies to invest in wind and solar. Among a dozen U.S. fund managers contacted by Reuters from companies overseeing about $7 trillion in assets

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