Rochelle Toplensky of The Wall Street Journal reports that BP is betting big on biofuel.
- BP has bought out renewable natural gas producer Archaea Energy for $4.1 billion.
- The company uses animal and food waste to create a renewable, green natural gas.
- Earlier this year BP bought a major stake in several renewable and green hydrogen projects in an effort to lower its emissions.
- This purchase could accelerate renewable and sustainable fuel development in the United States.
Read the full article here.