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GE, NRG Energy, ConocoPhillips Launch Green Energy-Focused VC — UPDATE

GE, NRG Energy and ConocoPhillips, the oil and gas major, have committed to jointly invest up to $300 million in green energy and cleantech startups. The three companies will carry out investments via their newly-formed Energy Technology Ventures fund, which could invest up to $75 million a year over the next four years to finance…

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ConocoPhillips Drops Out of Climate Action Partnership

Oil giant ConocoPhillips today announced that it won�t renew its membership in the US Climate Action Partnership, an industry group that advocates for climate legislation.

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