BP: Future Alt-Energy Investments Uncertain; Biofuels Likely to Continue

摘要

After nearly a decade of committing $8 billion in alternative-energy projects by 2015 – two years ahead of schedule in 2013 – BP plc disclosed in its Sustainability Review 2013 released March 18 that it hasn’t established a new investment target for the business unit going forward. “BP hasn’t made a public commitment on future spending for alternative energy,” Phil New, CEO of BP Alternative Energy, was quoted as saying in the report.