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BP revisits clean energy commitment with $200 million solar investment

by LiveModern Webmaster last modified Dec 19, 2017 01:03 AM
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by (Greg Beach) last modified Dec 18, 2017

Oil giant BP has invested $200 million to acquire partial ownership of a solar power developer. BP's investment in British-based Lightsource is a return to form for a company that once prided itself on progressive commitments to clean energy. Prior to the devastating 2010 Gulf of Mexico oil spill, BP had invested billions in renewable energy, spoke openly and frequently about the dangers of climate change, and even went so far as to rebrand as "Beyond Petroleum." After a lull in clean energy action,...





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