Why BP Going Green Won't Decrease Emissions
Another Reason to Nationalize Big Oil When BP or another company “goes green” and sells oil wells, other companies just keep pumping them. Andrew Burton/Getty Images A gas flare at an oil well site outside Williston, North Dakota What gets left behind when a major oil company opts to go net-zero? Just because greenhouse gas emissions move off a corporate balance sheet doesn’t mean they disappear. That’s the upshot of a lengthy new investigation by Bloomberg’s Rachel Adams-Heard. The story looks at BP, which, as part of its ongoing and implausible rebranding as a low-carbon compan...
Source: newrepublic.com