Jinjoo Lee of The Wall Street Journal writes about the different oil companies that are investing in clean power.
- As market demand for clean energy grows, oil companies are pivoting to low-carbon technologies.
- These companies are using their drilling and geological expertise to tap into emerging geothermal and carbon capture technologies.
- Baker Hughes estimates that orders in its new energy segment could reach $7 billion this year.
- To advance clean energy, the world will need to rely on free markets and private sector expertise.
Read the full article here.