BP’s renewables drive criticised from all angles


Issue 478 - 17 Feb 2023 | 3 minute read

BP’s commitment to become a renewables-driven energy company has met with some shareholder scepticism, as it is hydrocarbons that still drive profits, while climate campaigners see the UK supermajor, predictably, doing too little to speed the transition while spending too much (through its arts sponsorship, for example) on ‘greenwashing’. (The same can be said for all of the ‘Big Five’ majors, to at least some extent.)

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