The EV war is over, one more nail.

Devo's Avatar
  • Devo
  • 02-26-2025, 01:37 PM
BP is dumping its net zero energy research and going back to dinosaurs, so much for the green revolution.

Soon as dead as Biden.

https://triblive.com/business/bp-to-...and-gas-again/

LONDON — British energy company BP confirmed Wednesday that it would slash spending on green ventures and increase its oil and gas production, a change in direction that it hopes will bolster its flagging share price but has been met with incredulity from climate action campaigners.

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion a year to up to 2 billion. By contrast, it said it would increase its investments in oil and gas production by about 20% to $10 billion.
HDGristle's Avatar
Not quite dumping. That slash means there's still a reasonably healthy investment. A reduced investment, sure.
Jacuzzme's Avatar
Fucking economies over because of some bullshit “climate change” agenda has gotta be the dumbest thing politicians have ever done, and that’s saying a lot. A taxpayer money laundering scam is what it is.
Devo's Avatar
  • Devo
  • 02-26-2025, 08:28 PM
BP is a huge company losing money, so is Ford, and many others because of the entire green(greed) energy debacle.

Cut some this year, next year more, then gone.
Wind has also gone the way of EV.
HDGristle's Avatar
No it hasn't. Some of the reddest states still use and want plenty of wind power
Devo's Avatar
  • Devo
  • 02-28-2025, 09:31 PM
No it hasn't. Some of the reddest states still use and want plenty of wind power Originally Posted by HDGristle
So you say.

Proof?
winn dixie's Avatar
So you say.

Proof? Originally Posted by Devo
Come to Texas
Devo's Avatar
  • Devo
  • 02-28-2025, 11:13 PM
No.

PA has some too, but show me the companies building massive new projects.

There aren't any.