Shell, Total CEOs Question Solar in Room Full of Solar Investors

  • Oil executives said that solar energy doesn’t make money
  • Audience of renewable-energy executives refute that position

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When executives from some of the world’s biggest oil companies question the ability of solar energy to make money in a roomful of renewables investors, awkwardness ensues.

That’s what happened Thursday at the Energy for Tomorrow conference in Paris, where the chief executive officers of Royal Dutch Shell Plc and Total SA said solar power isn’t profitable.