Oil large BP to ‘significantly reduce’ funding in renewable power for remainder of decade | EUROtoday

British oil large BP is considerably lowering its funding in renewable power for the “rest of this decade”, it stated in a press release Monday, noting it was as an alternative coming into a three way partnership with Japanese energy firm Jera to create one of many world’s largest offshore wind companies. Since Murray Auchincloss turned BP’s new chief government in January, the corporate has scaled again on its local weather targets.
https://www.france24.com/en/europe/20241209-oil-giant-bp-to-significantly-reduce-investment-in-renewable-energy-for-rest-of-decade