Why A Scaling Down Of Renewable Energy Plans By BP Was Inevitable

When the news arrived that BP (LON: BP) was scaling down its renewable energy ambitions, it didn't hold much of a surprise. In fact, for market observers there was a certain level of inevitability about it. ForbesOccidental Shares Have Been Flat In 2024 But Warren Buffett Just Keeps Buying However, BP will also continue to maintain its investments in biofuels and low-carbon businesses that it hopes will generate short-term returns. Earlier this week, it agreed to full control of BP Bunge Bioenergia - its Br ...