An oil giant’s epiphany on climate change

BP’s slow shift to clean energy since the Deepwater Horizon spill is picking up speed, perhaps setting an example for the petroleum industry.

By the Monitor’s Editorial Board

One of the pandemic’s economic effects has been a drop in demand for oil. Yet once the global economy recovers, will oil demand go back up? Some experts say no, given other ongoing shifts away from fossil fuels. Humanity may finally be reaching “peak oil consumption” a century and a half after the first oil well was drilled. One bright spot in this energy transformation is BP, the world’s sixth-largest petroleum company. Read HERE.