Sarah McFarlane of The Wall Street Journal writes on Ørsted’s path from oil to renewable energy.
- Ørsted, which used to be a huge name in the oil industry, has shifted nearly all of its production to offshore wind.
- Ørsted has said that by 2027, they will invest $57 billion into wind energy.
- Ørsted is among a growing list of traditional oil companies that are reducing their emissions and taking their environmental commitments seriously.
Read the full article here.