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6 Envtl. & Energy L. & Pol'y J. 1 (2011)

handle is hein.journals/eener6 and id is 1 raw text is: ARTICLE OIL COMPANIES' APPROACH TO RENEWABLE ENERGY Ana Penha* ABSTRACT ................................................ 2 I. INTRODUCTION .......................................... 2 II. METHOD ......................................... ....... 4 III. MARKET CHARACTERIZATIONS ........... ................. 6 a. Definition of renewable energy................... 6 b. Renewable energy markets. .......... ............7 c. Renewable energy as corporate strategy.. .......... 9 d. Potential drivers of renewable energy.. ............ 11 1. Climate change ...................... 11 2. Energy security ...................... 13 3. Home country factors. ......... .............. 15 i. Country Resources ............................ 15 4. Firm-specific factors ......... ............... 20 IV. COMPANY ANALYSIS .......................... ...... 25 a. Introduction ............................ ..... 25 b. Method used for the company analysis . ........... 25 1. Definition of the companies to be studied...........25 2. Data collection ...................... 27 c. Results and discussion ........ ................. 28 1. General overview .................... ...... 28 2. Home country factors. ......... .............. 30 3. Firm specific factors. ........ ................ 41 * Environmental engineering bachelor degree; Master degree in Energy and Environment, Economy and Politics; Master of Science degree in Energy Management; thirteen years of working experience in the environmental sector. A special thanks to the respondents of the companies who accepted the invitation to participate in this study. To contact the author, please use the following e-mail address: penhitaemeasa@yahoo.com