The thing that makes me the most angry about companies refusing to move from fossil fuels is... One day we're going to run out. No matter what. So why aren't you putting effort into making sure your fossil fuel company survives that day?
🚨BP today dumped its plans to cut oil and gas output, "vowing instead to focus on returns and investing in the most profitable businesses, first and foremost in oil and gas." BP is the lead beneficiary of a £22bn UK govt plan to invest in carbon capture and storage in Teesside.
The London-listed company is now targeting several new investments in the Middle East and the Gulf of Mexico to boost its oil and gas output.
We HAVE to move to renewables, for no other reason than "fossil fuels will run out". If these companies want to survive, they could bee the ones building the renewable infrastructure and charging for it? Instead theyre just going to extract as much profit as they can while the world burns
Here's the thing: Cha-ching, money, greed. That's ALL that ALL large companies understand.