EIN News says, "Chevron Completes $4.3 Billion Purchase of Atlas Energy Chevron Corp. said it has completed the $4.3 billion acquisition of Atlas Energy following the approval by Atlas stockholders earlier this week. (cnbc.com)".
Atlas Energy explores for and produces natural gas. Natural gas is a fossil fuel.
Notice that Chevron is making of a significant investment in fossil fuels, not solar or wind energy.
Chevron apparently has a belief that business prospects are better in fossil fuels than in alternative energy forms, even though solar and wind continue to be touted by the federal government.
No comments:
Post a Comment