I try to keep the off topic stuff limited to the weekend, and since this website is hilarious, and it is a Saturday….
… no, it’s not Toyota (but don’t get me started). And no, it’s not Wal-Mart (I’ll be doing a piece on them later). No, it’s not GM, though they are trying hard, really hard. No, the winner, which has all the others over the proverbial barrel, is British Petroleum.
This was pretty clear when they invested in the tar sands last year, the “biggest global warming crime ever seen.” The Guardian provides more details, explaining that the new CEO Tony Hayward, is taking the company back to the past: “The shift to renewables has been ditched for a carbon intensive future.” They write:
BP appears to be dropping a central plank of [Lord John] Browne’s strategy, the green promise to go “beyond petroleum”, in favour of going back to petroleum – a move which many believe has riled the former boss. In what some saw as a thinly veiled criticism, Browne argued at a recent conference that some energy groups were “in denial” over the need to clean up their carbon output.
Browne understands the future for “carbon billionaires” and renewable power “majors,” even if Hayward doesn’t: