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Smart Money Abandoning Renewable Energy

Whoknows Wrote: Apr 07, 2013 6:11 AM
Some people think just because you have a rechargeable drill that works well, it should work for a car too. It might work if the battery was 1/2 the size of the car like it is on a drill.

British Petroleum is still one of the world’s biggest oil companies. But as early as the late 1990’s they didn’t want you think of them that way. CEO Lord John Browne of Madingley argued that “the transition to alternatives could be accelerated by changing industry practices today.” While other oil companies eschewed climate change alarmism, BP embraced it. In 2002, Lord Browne declared: “Climate change is an issue which raises fundamental questions about the relationship between companies and society as a whole, and between one generation and the next,”

As a result, Mother Jones reported in 2006: “BP...