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DAVOS-Big Oil is more talk than action on renewables – Iberdrola

DAVOS, Switzerland: The world’s largest wind-power producer, Iberdrola SA, has brushed off Big Oil’s embrace of renewable energy as “more noise” than action. Major oil and gas firms have been venturing into renewable power under pressure from climate-change policy, collectively spending around 1 percent of their 2018 budgets on clean energy, according to a recent […]

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