BP has been accused of prioritising fossil fuels over green energy as it plans to spend as much as double the amount on oil and gas projects than on renewable investments next year.
What happens when a big oil and gas company decides it wants to radically cut back on the oil and gas business? That’s what BP says it will do over the next decade.
Oil giant criticised for lack of detail on how it will eliminate 415 million tonnes of carbon each year while spending billions of pounds on new fossil fuel extraction.
BP has been targeted by climate activist groups on numerous occasions in recent months, with demonstrators increasingly angry about the lack of progress toward a lower carbon future.