“Today, we have fundamentally reset BP’s strategy,” said BP’s CEO, Murray Auchincloss, as part of the most recent announcement. “This is a reset BP, with an unwavering focus on growing long-term shareholder value.”
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Climate disaster will not be great for long-term shareholder value, actually. Neither on its own nor when BP gets slammed with the inevitable liability lawsuits.
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They are setting themselves up for a long term failure for perceived short term gain.
Meanwhile, the planet burns.