The oil industry is full of really smart people, but this all appears to be so stupid. Why don't the fossil fuel companies just expand their investment portfolios to include off-shore wind?

This is all in their wheelhouse: mega-scale construction, off-shore ops, dealing with the government in favorable ways, and such a simpler and lower-risk business!

It must be that they are just afraid of the entire idea of a competing sector? Or, they are addicted to the power they have controlling a more centralized energy distribution system? Or, what could it be? Again, I know these are not dumb people.