20 min
What's Behind Oil Giant BP's Foray Into Clean Energy? Fortune Reinvent
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- Business
In February, BP's new CEO, Bernard Looney, announced plans for the company to become carbon neutral by 2050. It will invest aggressively in renewable energy and move away from the oil and gas production that has fueled its success for over a century.
Hosts Adam Lashinsky and Beth Kowitt are joined by Fortune's Vivenne Walt, a correspondent in Paris who spent months digging into Looney's announcement. As Big Oil reels from plummeting demand due to COVID-19, many questions still exist about BP's promises, especially considering the company's previous attempts at reinvention.
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In February, BP's new CEO, Bernard Looney, announced plans for the company to become carbon neutral by 2050. It will invest aggressively in renewable energy and move away from the oil and gas production that has fueled its success for over a century.
Hosts Adam Lashinsky and Beth Kowitt are joined by Fortune's Vivenne Walt, a correspondent in Paris who spent months digging into Looney's announcement. As Big Oil reels from plummeting demand due to COVID-19, many questions still exist about BP's promises, especially considering the company's previous attempts at reinvention.
Learn more about your ad choices. Visit megaphone.fm/adchoices
20 min