VolsNSkinsFan
Well-Known Member
- Joined
- Nov 4, 2007
- Messages
- 15,813
- Likes
- 3,974
I would imagine BP is in favor of this since it would hit coal harder and favor natural gas which I presume they provide.
A carbon tax and reduction in total carbon doesn't necessarily hurt BP; might even help them.
They have big acreage in every decent shale gas play in the U.S. They also dominate deep water GOM. The rigs they have in the GOM will be operating for the next 50 years. The CEO has made it very clear that NatGas will be the bridge fuel and "BP has never turned a profit with solar energy"
