From the article:

"The move is part of Sawan's plan to boost Shell's performance and returns, which includes doubling down on oil and gas operations and scaling back some investments in renewables."

GM was formed from several competing companies (that’s why they have manufactured vehicles under so many brands.) Other companies they bought, simply to get access to their technology (e.g. Lotus, Saab.)

It wasn’t so much to “destroy the threat,” (i.e. Lotus and Saab never represented real threats to GM) as it was to add to their strength.

I fully expect that if an energy transition successfully takes place, you will see some very familiar names dominating the new industries.

...the fossil fuel industry is buying up the alternative energy start ups to slow them down so they can sell more oil for as long as possible (or until the oil runs out in 50 years), then the same people will be the major owners of the new energy industry.

The problem is they're only thinking of satisfying their own greed and not thinking of the devastating damage that greed is doing to all life on earth (including their own) during the time they're continuing to sell their oil.

They should just make a deal with the world that they will actually reduce their oil sales while building up their alternative sales as quickly as possible and stop being such little sh!ts about everything.

The Biden Administration cannot do it on their own, they need cooperation from Republicans in Congress. (The Obama Administration attempted to regulate power plants, and as soon as Trump got the reins, it was overturned.

These congressional Republicans can’t even agree to fund the government… mandating a switch to renewables?… bonne chance.

...I don't believe there's only 'one way' to do anything.