June 2018
The EU plays a major role in shaping the way energy is generated across Europe – it lays down important rules about energy markets, subsidies, efficiency standards and fuel imports. A few changes in the text of an EU directive can mean the difference between the building of new solar and wind generation or a swathe of new gas power plants in multiple countries.
Of course, if Europe made a real shift away from oil and gas towards renewables that would represent a significant threat to BP’s profits. So it’s no surprise that the oil giant has taken a leading role in lobbying against climate-friendly EU laws. (more…)