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Oil Giants Loath to Follow Obamas Green Lead

madhu's picture

The Obama administration wants to reduce oil consumption, increase renewable energy supplies and cut carbon dioxide emissions in the most ambitious transformation of energy policy in a generation.

Most of the investments by oil companies go to traditional fossil-fuel resources, including carbon- intensive energy sources like tar sands, above, and natural gas from shale.

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External URL: 
http://www.nytimes.com/2009/04/08/business/energy-environment/08greenoil.html?pagewanted=1
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Publication Date: 
09/04/2009