BP, Oil and gas companies, Fossil fuels, Climate crisis, Renewable energy, Economics, Karl Marx, Oil, World news, Energy industry Business | The Guardian
Companies will never solve the climate emergency alone. The impetus for change needs to come from government It would be very easy to be sharply critical of BP, given its sudden volte-face on its environmental commitments. Under pressure from a shareholder, Elliott Management, it has abandoned the green ambitions it announced in 2020 and pivoted squarely back to an overwhelming focus on oil and gas.While easy, it would arguably be unhelpful, and perhaps even misguided. Because viewed in the round, this isn’t really about BP: it’s about capitalism at large, and its inability to respond to the climate crisis in the manner we need.Brett Christophers is a professor in the Institute for Housing and Urban Research at Sweden’s Uppsala University and author of The Price is Wrong: Why Capitalism Won’t Save the PlanetDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading…
Companies will never solve the climate emergency alone. The impetus for change needs to come from government
It would be very easy to be sharply critical of BP, given its sudden volte-face on its environmental commitments. Under pressure from a shareholder, Elliott Management, it has abandoned the green ambitions it announced in 2020 and pivoted squarely back to an overwhelming focus on oil and gas.
While easy, it would arguably be unhelpful, and perhaps even misguided. Because viewed in the round, this isn’t really about BP: it’s about capitalism at large, and its inability to respond to the climate crisis in the manner we need.
Brett Christophers is a professor in the Institute for Housing and Urban Research at Sweden’s Uppsala University and author of The Price is Wrong: Why Capitalism Won’t Save the Planet
Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here.
