Question: How would discounted cash flow analysis be used in analyzing such major investment decisions? What types of cash flows would be the most difficult to
How would discounted cash flow analysis be used in analyzing such major investment decisions? What types of cash flows would be the most difficult to project in a DCF analysis of renewable energy sources?

"Oil Companies Seek to Develop Energy Options," The Wall Street Journal, October 4, 2000, Thaddeus Herrick. Overview Major oil companies, among them BP Amoco and Royal Dutch Shell, are making major investments in renewable energy sources, such as biomass, solar power, and wind power.
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