The fossil fuel giant BP said Tuesday it will slash oil production over the next decade and invest billions of dollars into renewable energy. Climate activist Bill McKibben tweeted, “This feels like the most serious announcement from an oil major: after years of pressure from activists, BP to cut oil and gas production 40% by 2030. Far from perfect, but far from normal.”
BP to Slash Oil & Gas Production, Invest Billions into Renewable Energy
HeadlineAug 05, 2020