Energy Flux

Share this post
Eni mulls green spin-off to relieve shareholders of low carbon burden
www.energyflux.news

Eni mulls green spin-off to relieve shareholders of low carbon burden

Oil investors don't want to fund low-risk, low-reward renewables projects

Seb Kennedy
May 4, 2021
2
Share this post
Eni mulls green spin-off to relieve shareholders of low carbon burden
www.energyflux.news

Nobody buys shares in oil companies in order to finance renewables. Oil investors want high-yielding investments that support above-market dividends, not low-risk, low-reward wind farms and solar arrays. This is partly why the oil majors allocate paltry sums to low carbon ventures, despite the evident need for them to diversify and decarbonise. How to r…

This post is for paid subscribers

Already a paid subscriber? Sign in
© 2022 Sebastian C. Kennedy
Privacy ∙ Terms ∙ Collection notice
Publish on Substack Get the app
Substack is the home for great writing