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.
The views and opinions expressed are those of the author’s and do not necessarily reflect the official policy or position of C3.