CEU Electronic Theses and Dissertations, 2017
| Author | Zabusova, Anastasia |
|---|---|
| Title | From Black Gold to Green? The Motives of the Biggest Oil and Gas Companies to Invest In Renewable Energy Sources |
| Summary | Do fossil fuels companies invest serious money in clean energy? There appears to be an agreement that the climate change is a global issue and that the future of energy mix might look quite different from what it is now. What would be the roles for the leading oil and gas companies in that transition? This research is examining the public statements and annual reports of the 33 biggest oil and gas companies to understand the underlying motives behind the decision to invest into the renewable power. The suggested explanations of the fear of stranded assets and policy pressure do not explain the whole sample. The study found that there is no uniform explanation to the diverse business strategies towards the renewable energy. However it revealed several trends within the groups of companies. One important finding is that most of the companies in this research consider policy pressure and public opinion an important factor in shaping their business strategies. |
| Supervisor | Sitter, Nikolai; Karagiannis, Yannis |
| Department | School of Public Policy MA |
| Full text | https://www.etd.ceu.edu/2017/zabusova_anastasia.pdf |
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