Comments
Cycode t1_jacdbof wrote
"More Money from Addicted People who buy my drugs is good, says Drug-smuggler."
Cosmonaut15 t1_jacgci9 wrote
Are we really going to let cunts like this destroy our future??
Transfer_McWindow t1_jadhbpk wrote
In a world where money is power, they are in control.
Cosmonaut15 t1_jadijlm wrote
Strength in numbers. ✊️
JoeyGIllustration t1_jacd9c0 wrote
Good for the climate fight, not for the actual climate. It'll drag the fight out a few more decades, and give them enough time to transition their investments. So, they want you to invest your money into a dying industry, so theirs can leave.
Postcocious t1_jacohoj wrote
>BP Plc Chief Executive Officer Bernard Looney...
Surname checks out.
DDRisntreal t1_jacdfbs wrote
I bet posting his address publicly would make him feel safer then.
dtfyoursister t1_jadzbx8 wrote
More oil and gas investment is good for the corporate profits, says BP CEO.. there fixed it
bloomberg OP t1_jacci5x wrote
Click here to read this story for free.
By Will Mathis
>As the sound of climate protesters reverberated through the conference room, BP Chief Executive Officer Bernard Looney made the case that investment in more oil and gas is crucial for the transition away from those very fuels.
>
>"Reducing supply without also reducing demand inevitably leads to price spikes, price spikes lead to economic volatility, and there’s a risk that volatility will undermine popular support for the transition," he said at London’s International Energy Week.
>
>"We avoid that outcome by investing in today’s energy system, as well as investing in the transition."
2-Legit-2-Quip t1_jad9hv7 wrote
Says the industry that spends millions on bs blaming cows instead of sealing hundreds of thousands of untapped wells spewing methane
autotldr t1_jacdrf0 wrote
This is the best tl;dr I could make, original reduced by 66%. (I'm a bot)
> As the sound of climate protesters reverberated through the conference room, BP Plc Chief Executive Officer Bernard Looney made the case that investment in more oil and gas is crucial for the transition away from those very fuels.
> The executive's pitch at the event - one of the city's biggest fossil fuel conferences - follows the company's recent announcement that it would cut oil and gas production more slowly than expected this decade.
> For the first time last year, investment in clean energy matched funding for fossil fuels, according to BloombergNEF. Still, the world is far behind a trajectory of emissions cuts that would enable it to reach the goals set out in the 2015 Paris climate agreement and prevent the worst impacts of global warming.
Extended Summary | FAQ | Feedback | Top keywords: climate^#1 fuel^#2 conference^#3 Energy^#4 fossil^#5
JanJaapen t1_jaccks0 wrote
BP’s CEO: ‘I swear guys, if you invest more money into my company all the climate problems will go away by themselves!’
Happypappy007 t1_jacfdnc wrote
Up is down, down is up. These are not the droids you are looking for.
wall-E75 t1_jacgqnd wrote
I'm sure he does. Blahahaha
gaukonigshofen t1_jacmhru wrote
guy sounds like the one greedy character from the Lorax
throwaway_nrTWOOO t1_jadc6y7 wrote
Man, the apocalypse, if anything, is just dumber, and lazily written than I would've imagined.
I mean, if that line was pitched to an oil CEO in a satire, like The Simpsons, you would've gotten kicked out of the writers' room.
AutoModerator t1_jaccbad wrote
Hi bloomberg. Your submission from bloomberg.com is behind a metered paywall. A metered paywall allows users to view a specific number of articles before requiring paid subscription. Articles posted to /r/worldnews should be accessible to everyone. While your submission was not removed, it has been flaired and users are discouraged from upvoting it or commenting on it. For more information see our wiki page on paywalls. Please try to find another source. If there is no other news site reporting on the story, contact the moderators.
I am a bot, and this action was performed automatically. Please contact the moderators of this subreddit if you have any questions or concerns.
DDRisntreal t1_jacdgj5 wrote
I bet posting his address publicly would make him feel safer then.
Deathcounter0 t1_jaciwsw wrote
"Drinking more Alcohol is good for your health, says bartender"
Kesshh t1_jact7r7 wrote
I bet he looks in the mirror and actually believes everything he says.
deltahalo241 t1_jaenral wrote
Nah, I bet he spent hours reciting it in front of the mirror, so that he wouldn't burst out laughing when it came to saying it for real
problembearbruno t1_jacxl5i wrote
Bloomberg, this is garbage. Try again.
Seeksp t1_jacdn7y wrote
BP Bigger Profits
[deleted] t1_jacnhdo wrote
[removed]
[deleted] t1_jacrrr8 wrote
[removed]
98642 t1_jadtb85 wrote
We have to kill the planet to save the planet.
[deleted] t1_jae4wbh wrote
[removed]
Bobdebouwer813 t1_jaeonae wrote
Having sex burns a lot of calories. By raping people you help them stay in shape.
[deleted] t1_jaev05q wrote
[removed]
7788audrey t1_jacfut7 wrote
Wow, even the far-right sites are reporting that the BP guy is actually saying that profits are down and clean energy investments are down. This from the Daily Caller:
CEO Bernard Looney of British oil giant BP has expressed plans to scale down the firm’s green energy investments as some have struggled to meet expectations, The Wall Street Journal reported Wednesday, citing anonymous sources familiar with the matter.
Looney intends to deemphasize ESG objectives and reassure investors that the company is focused on using its competitive advantages — including in oil and gas — to maximize returns, the WSJ reported. Though he has expressed disappointment in the performance of some green investments, Looney has characterized the move as a short-term readjustment and a BP spokesman referred the WSJ to previous statements the company has made stressing its commitment to reducing carbon emissions.
BP, alongside fellow British oil giant Shell, has struggled to keep up with U.S. competitors, with shares in the U.S.-based Exxon Mobil nearly doubling since January 2020 while BP’s have climbed just 7%,
just_some_arsehole t1_jaccl1u wrote
Flamethrowers are good for putting out house fires, says man with flamethrower for sale standing next to burning building.