Exclusive: BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced to tackle investor concerns over earnings, two sources told Reuters reut.rs/43tdVWX - ThreadSky

reuters.com • 2 days ago

Exclusive: BP's chief executive will scrap a target to increase renewable generation 20-fold by 2030, returning the focus to fossil fuels, as part of a strategy shift announced to tackle investor concerns over earnings, two sources told Reuters https://reut.rs/43tdVWX

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goodtrouble121234.bsky.social•2 days ago

These short-sighted, greedy men will kill us all🤦🏻‍♀️

maxswartout.bsky.social•2 days ago

If we don’t hold large corporations accountable for developing a sustainable future, they will bleed this earth dry for the sake of capital accumulation. The government and consumers have major roles to play. This is such disappointing news.

zabroglexis.bsky.social•2 days ago

I guess we don't have to worry about renewable energy if we're going to be dead set on killing our ability to live on the planet before we even run out of fossil fuels to begin with.

aucorey.bsky.social•2 days ago

I wonder if they gave trump a bribe after trump told the doj not to pursue offences under the “foreign bribery & corruption act”

centristsisyphus.bsky.social•2 days ago

“Beyond Petroleum” was always a cynical lie…Beyond Pathetic in fact.

askortbein.bsky.social•2 days ago

We love our VW ID4

rosegardenerwi.bsky.social•2 days ago

It's been one month since tRump, Mu$k and their billionaire club took over the WH.

One month, and BP scraps a renewable target. Tell me this isn't connected to the oligarchs dismantling our regulatory agencies & abandoning the environment. Go ahead, tell me that with a straight face.🤷‍♀️

ynwa1888.bsky.social•2 days ago

📌

auntieb71.bsky.social•2 days ago

They don’t care they are burning this planet to the ground. Fuck them. Diversify and transition to non fossil fuels.. you’ll still make money, you hoarding greedy fucks.

mmjjee.bsky.social•2 days ago

“The greatest evils in the world will not be carried out by men with guns, but by men in suits sitting behind desks.”

C. S. Lewis

jwag11.bsky.social•2 days ago

BOYCOTT

mrdandoherty.bsky.social•2 days ago

Hey BP, money is no use on a dead planet. #idiots

mattknight.bsky.social•2 days ago

dadasupreme.bsky.social•2 days ago

They should be in prison watching their own advertising
https://youtu.be/zBez3swQUp8?si=xeaVO9KThX2K51aJ

captainfossil.bsky.social•2 days ago

📌

chrisnoble.bsky.social•2 days ago

Somewhat buried in the lead is the fact that this is being pushed by Elliott Investment Management, a somewhat shadowy US investment fund. The existing board are probably toast. Good context here about how BP is losing the battle against its activist investors https://podcasts.apple.com/gb/podcast/when-it-hits-the-fan/id1705375359

magster21.bsky.social•2 days ago

Thanks for the info. Won’t be buying from them going forward.

alwaysimback.bsky.social•2 days ago

All oil and gas companies will be drilling very soon.

phrogguy.bsky.social•2 days ago

They are all racing to become the world’s first trillionaire. However, there is one already and it’s not Elon “Nazi” Musk, it’s Putin.

riandraegon.bsky.social•2 days ago

wilde22.bsky.social•2 days ago

Is this a surprise NO. As what fossil fuel company is going to change . None

saraswati2301.bsky.social•2 days ago

Do those people have children/grand children ?

enviroprof.bsky.social•2 days ago

This is eco-terrorism

goosethegander.bsky.social•2 days ago

Let's kill the planet quicker because investors need more money, apparently. Fuck BP oil.

ricyrick87.bsky.social•2 days ago

"strategy shift" 😆 cute.

wscottyj.bsky.social•2 days ago

Awww...the investor bitches aren't making enough money on the destruction?

j-playz.bsky.social•2 days ago

Well, they are an oil company. at least they can stop trying to convince us they were ever anything other than that.

jonrob718.bsky.social•2 days ago

Fuck BP still cleaning up the mess in the Gulf of MEXICO

polksalad.bsky.social•2 days ago

No more BP gas.

dpp7541.bsky.social•2 days ago

Government of all Democracies will decide what is best for the Environment of each independent Sovereign Country. Not Private Industry. We only have to look at the United Kingdom and United States to see how Private Industry treat the Environment.
🇮🇪🇪🇺

dadoggin1.bsky.social•2 days ago

Fuckers

patanca.bsky.social•2 days ago

“Investor concerns”? Are they all that short sighted??

drunkencircusbear.bsky.social•2 days ago

Surprised it took them that long to announce that. They will kill every last being on the planet under a cloud of poisoned air if the last one has a single nickel left that should rightfully be theirs.

tocatchathief.bsky.social•2 days ago

Colour me utterly shocked....🙄

n83z01qbui.bsky.social•2 days ago

@carlquintanilla.bsky.social

mstjtou.bsky.social•2 days ago

Time to stop buying BP gas again.

macavity.bsky.social•2 days ago

Time to stop buying gas…

aussiefemfirie.bsky.social•2 days ago

Boycott BP

Boycott BP

Boycott BP

isyfa.bsky.social•2 days ago

WHY?!!!

ods91.bsky.social•2 days ago

Drill baby drill 😊

bradbillmaier.bsky.social•2 days ago

Oh good

qalataqa-qelly.bsky.social•2 days ago

These profiteers will kill everyone of us, and make this world unlivable for a few extra nickels!

kingless2.bsky.social•2 days ago

Thanks Starmer and Milliband.

dontinnovate.bsky.social•2 days ago

Do “investors” live on planet earth?

toxerjen.bsky.social•2 days ago

Profits over planet - who is honestly surprised?

suffragette24.bsky.social•2 days ago

Guess I’m not buying BP gas anymore.

amityville2.bsky.social•2 days ago

Didn’t take them long since trump came back to office

mrjph.bsky.social•2 days ago

Well, fuck you too now, BP🖕🏼… and for those also here in the Capitalist States of America, British Petroleum also owns and runs Amoco, so be sure to boycott them as well

cadavisgg.bsky.social•2 days ago

Short sighted

the-theory.bsky.social•2 days ago

Mask off

yourkingmob.bsky.social•2 days ago

Man, where is Luigi when we need him?

sierranighttide.bsky.social•2 days ago

I got to look up who is selling canned oxygen..... Start stocking up

snackalgorithm.bsky.social•2 days ago

worriedperson.bsky.social•2 days ago

Off their website: Our purpose is reimagining energy for people and our planet. We want to help the world reach net zero and improve people's lives. We want to be an energy ..

bladadiding680.bsky.social•2 days ago

We used to put out commercials, talking about🤔 we care about the environment, and we're going green, Fuck that, we'll stick to our bread and butter and burn the planet down🤦🏿

basiccitygirl.bsky.social•2 days ago

we are all going to starve to death.

wholetree.bsky.social•2 days ago

Whores.... corporate fucking whores.

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