They have, but it is not in their interest yet. Most of those invest less than 1% each year in renewables. I think they will make the switch when hydrogen will be mainstream as a fuel for transport (planes, trains, trucks, etc)
In my opinion 2021 will be the year of the decline of fossil fuel stocks. More investments in renewables (solar, wind, hydrogen, etc)
But that is my not so popular opinion 
Agreed. I read in the Financial Times that Shell were particular resistant to moving to green fuel, leading to executives leaving the company. That is changing however. The CEO only four years ago was saying that Shell will never go green as there is no money in it. He is now saying they will be a world leader in the area.
In 2006 Shell was planning a massive windfarm in the North Sea. In 2007 they got out of the project. Last year they announced it again. They could have been in it for 13 yrs. I don’t believe the “greenwashing” arguments until they show it. Actions speak louder than words.
@chantal you will be amazed how companies can change their business model once they see a real threat coming their way and major shareholders are not going to sit back too.
My point is that anyone who thinks major oil & gas companies are going to sit back and loose their energy business needs to think again. They may not move as quickly as we want them is because they are analyzing in greater details the business opportunities renewable energy before moving in.
They’ve got thousand of employees to think off and therefore wouldn’t make rash decisions
They’ve already solved these problems it’s purely the mining process that creates emissions.
Musk has already created full life cycle batteries and others are underway.
The end of life batteries can continue to be used in other ways like battery banks etc
I’m betting everything on palantir when it comes to security
I have a position in PLTR. Waiting for the lock-up expiry sell-off before adding to it.
I think value investing that was done over 2020 will reap very nice returns compared to most years, thinking big energy & banking especially.
The other thing BP and Shell have are the sales channels already in place. Oil companies have been selling energy for 100 years. Once the buyer’s mindset begins to change, the big titans already have the distribution channels for sales set up, along with the capital and infrastructure and engineering teams.
Only around a month and a half to go 
Trump incites his followers to invade the Capitol and they do it.
Water stress is going to be a huge issue in the next decade or two. Desalination stocks like H2O innovations will be great to get into…if it’s ever added 
I have always been interested in the ‘water’ aspect, any stocks that can play this that I should research?
I’d take a look at AQUA maybe, let me know if you find any as well as it’s a space I’m interested in as well
Which one(s) amongst the fossil fuel big boys (ExxonMobil, Chevron, Shell, BP etc.) would be the most serious and credible in their efforts to transit into renewable energy generation?
Because I see some truth in saying that those could quickly become major players in that ripening market i.e. through acquisitions.
Such a stock would make a good ‘clean energy’ portfolio addition…
Not Exxon in my opinion. The executives seem to be pretty against green energy. Shell for the long play yes, but their CEO is only coming around to the idea of Green fuels now. BP is an earlier adopter of the idea of going green. Chevron I’ve no idea. I’m holding shares in Shell and BP.
Here is an article from last year with an explanation:
Shell (RDSA) and BP. They both pay dividend too.
@too_short i own BP and Shell and sticking with them, love the dividends and not bothered about share price movements.
No financial advice from me tho
I never understand this mindset to be honest… You are aware that you MUST price in the actual (or estimated) loss in share value when calculating your (future) revenue?