That the oil and gas industry is problematic is perhaps too mild a way to put it. Fossil fuel producers have recently become the singular target of accusations and lawsuits from parties arguing that they are the only industry responsible for the effects of a changing climate. And now those same fossil fuel producers are coming after renewables. Big Oil is trying to green itself up, so it is bidding for wind farm construction tenders and buying other renewables assets. And in doing this, it is undermining the profit margins of renewable energy companies, Bloomberg’s Will Mathis recently wrote in an article. There is a certain irony in the situation. Thanks to a surprisingly strong rebound in oil demand, Big Oil can afford to be generous with its wind and solar purchases and bids. On the other hand, devastating supply chain disruptions caused by the pandemic have prompted price […]