BP, a London-based oil giant that has attempted to style itself as a leader of the renewable energy transition, announced Tuesday that it is slashing its emission-reduction goals and planning more fossil fuel output than previously expected after reporting a record $28 billion in profits for 2022
  • Gaywallet (they/it)@beehaw.org
    3·
    2 years ago

    This is why you need regulations. When a company, who’s ultimate motive is profits, is allowed control to operate how they wish, they will maximize profits. It’s a really simple formula, it’s been proven time and time again. There’s a whole field of really smart math to prove it. You cannot be anti-regulation without being anti-human.

  • flag@beehaw.org
    2·
    2 years ago

    They should be broken apart and their CEO’s of the last decades need to go to prison.