Big Oil wants to put a box in your hall closet that works like a human brain, can cut the lights, stop the refrigerator and will know how you move about in the privacy of your home better than you do.
Oil majors are "well-positioned" to compete in the renewables sector, despite currently owning less than 2% of the market, a Wood Mackenzie (Woodmac) report said.
A new report published today by BP has set out the company’s low carbon agenda and investment in renewable energy, with the firm setting out its "accredited activities" in the first year as wind energy and Brazilian biofuels and biopower.