Greenpeace is well known for its aggressive posture vis-a-vis environmental justice, and, in particular, for its demand that our civilization phase out fossil fuels in favor of conservation, efficiency solutions, and renewable energy. Among other things, that means putting a …
Tag: British Petroleum
Some Dubious Advice from the AltCarExpo
I always look forward to the AltCarExpo in Santa Monica each year. It’s rather like one of the major auto shows, but without all the flashing lights, loud noises, “booth-babes” – and, more to the point, all the gas- and …
BP Effectively Says Its Dividend is at Risk
Following up on yesterday’s post about how investors should be prepared for BP to file for bankruptcy, the company’s CEO this morning reportedly said it’s “hard to speculate” on future dividend policy. That’s tantamount to BP’s saying it will reduce …
Don't Be Surprised if BP Files for Bankruptcy
With the White House emphasizing that BP is liable for billions in damages from the Gulf oil spill, it would seem only a matter of time before BP files for court protection under bankruptcy laws. The company would continue to …
