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July 10, 2009

BP Closes Alternative Energy Division

Filed under: Alternative Fuels, Renewable Energy — Laura B. @ 2:35 pm

Listen to the NPR interview.

“Beyond Petroleum” has been a multimillion dollar ad campaign for British Petroleum. The company has spent the past several years touting it’s alternative energy plans. But now, the oil giant is closing down its Alternative Energy division, its investment cut, and its chief executive has taken early retirement.
Robert Siegel talks to Financial Times reporter Ed Crooks, who reports on the company this week in his article “Back to Petroleum.”

“Beyond Petroleum” has been a multimillion dollar ad campaign for British Petroleum. The company has spent the past several years touting it’s alternative energy plans. But now, the oil giant is closing down its Alternative Energy division, its investment cut, and its chief executive has taken early retirement.

Robert Siegel talks to Financial Times reporter Ed Crooks, who reports on the company this week in his article “Back to Petroleum.”

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