This isn\’t a surprise:
The latest pull-out has annoyed rival business leaders at London-based Solar Century and local Indian operation, Orb Energy, who fear the impact of a high-profile company selling off solar business. Jeremy Leggett, chief executive of Solarcentury and a leading voice in renewable energy circles, said Shell was undermining the credibility of the business world in its fight against global warming.
If a well known and canny company gets out of a business: well, it devalues the reputations of those still in it, doesn\’t it?
You\’d think that Leggett would welcome the opportunity for his own business to step into the gap in the marketlace really, but he seems to be more worried about the wider message than that.
Wonder how Solar Century is doing?