BP Pulls Back on Renewable Energy Investments Amid Investor Pressure

Douglas McIntyre, Editor-in-Chief at Climate Crisis 24/7, reports that BP is scaling back its commitment to renewable energy investments due to financial struggles and investor pressure. Once a leader in green initiatives among major oil companies, BP is now shifting focus back to fossil fuels, as investors believe oil demand will rise rather than decline. This move raises concerns that other large energy companies may follow suit.