Good Article on the Oil Companies and Cleantech
Red Herring magazine did an article on the Cleantech sector titled, “Big Oil’s Clean Hedge” that I was quoted in recently.
The article heavily quotes ChevronTexaco as it is one of the few oil companies that has a policy allowing managers to talk to the press.
Most of the article talks about what the oil companies are doing in clean technology, where they are investing money, and how they view the sector. The oil company managers that did give quotes are heavy on the PR as you would expect, but all in all Red Herring wrote a fairly balanced view with some interesting twists.
My contribution boiled down to pointing out that like them or not, the oil companies spend a lot of money in this sector compared to anyone else, so we really need to watch what they are up to, not treat them like pariahs.
Interesting article, what other magazines besides Red Herring are covering cleantech?