Italy's ERG proves you can trade oil for renewables and win

Italy's ERG proves you can trade oil for renewables and win

This is the second installment of our six-part Masters of Metamorphosis series, in which we look at corporations that have reinvented themselves in order to seize opportunities in the energy transition. Read Naomi Buck's opening essay: "How some companies are embracing radical change to succeed in the green economy."   In 2008, the Italian oil company ERG faced a crossroads. Having sold its 49% stake in a Sicilian refinery to Russian oil giant L…