The Myth of “Beyond Petroleum”

by Claudette

November 20, 2008

In today's Guardian, Fred Pearce calls out BP's "Beyond Petroleum" greenwash. He states:
"BP likes to say that it is investing $1.5bn (980,000) a year in 'alternative energy'. True, I am sure. But that word 'alternative' is clever. Delve a little further and it turns out that BP's alternative energy division includes not just wind and solar and biofuels but also natural gas-fired power stations. Natural gas may be less polluting than coal and oil, but at the end of the day it's a fossil fuel filling the atmosphere with CO2. Alternative? Not by my definition."
He goes on:
"Also sheltering in the alternative energy division is BP's 'emissions assets business', which makes money out of carbon trading, and a venture capital unit. But even if we lump all this 'alternative' activity together, it still only makes up 7% of the company's planned $21bn (13.85bn) investment this year. The remaining 93% is oil, spiced up with some coal."
Read the full article - Greenwash: BP and the myth of a world 'Beyond Petroleum'  

We Need Your Voice. Join Us!

Standard text messaging rates will apply. Greenpeace US may contact you by email or phone with campaign updates and other offers of engagement. You can unsubscribe at any time.

Want to learn more about tax-deductible giving, donating stock and estate planning?

Visit Greenpeace Fund, a nonprofit, 501(c)(3) charitable entity created to increase public awareness and understanding of environmental issues through research, the media and educational programs.