Why did BP quit the solar industry and what will that decision mean? We asked two leading commentators for their analysis.
This second post is by Ben Caldecott, head of policy, advisory at Climate Change Capital and a Green Alliance trustee.
BP exiting the solar business after 40 years might sound like a dramatic step. Unfortunately, the recent move wasn’t all that surprising for two reasons.
First, BP’s once fabled ‘beyond petroleum’ strategy has been dead and buried for some time already. The only ‘alternative’ energy strategy that incumbent oil companies like BP seem to be pursuing is more of the same, plus as much unconventional oil and gas as possible. Continue reading







