fossil fuels - Search News

BP to drop renewable energy goals in favor of fossil fuels

Chron on MSN · 1d

Report: BP to drop renewable energy goals in favor of fossil fuels

BP CEO Murray Auchincloss is announcing plans to ditch the company's goal of growing renewable generation capacity 20-fold by 2030 and instead return focus to fossil fuels, Reuters reports. The goal measured growth from 2019 figures.

Fast Company · 2d

BP to drop renewables goals and shift focus back to fossil fuels

BP CEO Murray Auchincloss will tell investors the company is abandoning its target to grow renewable generation capacity 20-fold between 2019 and 2030 to 50 gigawatts.

Quartz on MSN · 3h

BP cuts renewable energy investments, boosts fossil fuel production

BP (BP) has announced a significant reduction in its renewable energy investment, slashing it by about $5 billion annually to between $1 billion and $2 billion, while simultaneously increasing funding for fossil fuel production to $10 billion per year.

1d

A Mining Billionaire’s Case for Ditching Fossil Fuels

Andrew Forrest is on a crusade to convince investors, employees, and other CEOs that going green is worth the risks ...

Grist on MSN2d

The fossil fuel industry is trying to keep buildings hooked on gas. Here’s how.

Drawing from an InfluenceMap database that tracks corporate engagement on climate policies, researchers found that fossil ...

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