Shell Plans to Spend $1 Billion a Year on Clean Energy by 2020

Royal Dutch Shell plans to spend as much as $1 billion a year on its New Energies division as the transition toward renewable power and electric cars accelerates. Shell sees opportunities in hydrogen fuel-cells, liquefied natural gas and next-generation biofuels for air travel, shipping and heavy freight areas of transport for which batteries aren’t adequate. The intermittent [...]

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