Role Of Big Oil Companies In Developing Alternative Sources Of Energy

Role of Big Oil Companies in Developing Alternative Sources of EnergyStudent’s NameInstitutionCourse Number and NameInstructor NameAssignment DateRole of Big Oil Companies in Developing Alternative Sources of EnergyWith the talk of clean energy, sustainability, and climate change, the worry of depleting oil wells, and the desire to reduce overreliance on fossil fuel or oil, there is concern about the roles that big companies such as Exxon Mobile can play in getting alternative sources of energy. Renewable sources of energy such as solar, biomass, wind, and geothermal have been seen as the main sources of alternative energy that big companies and energy players should consider exploring (Majeed et al., 2020). However, knowledge of the roles they need to play and how they should pioneer the exploration, exploitation, and adoption of such alternative sources of energy remains scanty and requires more research to explore. Big oil companies ought to be pioneers of sustainability in the way that they conduct business and the corporate social responsibility schemes and programs that they engage in as they strive to generate and distribute sources of energy. They need to focus on the