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Oil Major BP Gives a Taste of How It Will Go Green

Oil Major BP Gives a Taste of How It Will Go Green

According to the Wall Street Journal’s Rochelle Toplensky, BP is buying into wind farms off the coast of New York and Massachusetts in its latest efforts to go green.

The C3 Take
  • More and more, companies, including oil companies, are investing in ways to reduce their carbon footprint.
  • BP has recently announced efforts to lower its carbon emissions. This investment is a practical first step.

“The move is a signal of intent for BP’s low-carbon plans…It gives a real-life example of how the company plans to fulfill its ambition to sell integrated low-carbon power packages to companies and cities—one of the two green businesses it wants to develop.”

Read the full article here.

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