The 25 turbines at the Burbo Bank offshore wind farm in the mouth of the River Mersey CHRISTOPHER FURLONG/GETTY IMAGESThe world’s largest offshore developer of wind energy is considering whether to ditch its oil and gas business. Dong Energy confirmed yesterday that it no longer considered oil and gas to be “a long-term strategic commitment” and said that it was “reviewing strategic options” for the future of the division. The Danish state-controlled company provoked speculation that it would jettison its fossil fuel operations amid an accelerating shift in investment towards green energy, with renewables overtaking coal as the world’s largest source of installed power capacity for the first time. According to the International Energy Agency (IEA), a 15 per…

Source: The Times October 26, 2016 23:02 UTC