The oil giant BP announces the sale of its wind activities in the United States and thus confirms a turning point in its energy strategy for the benefit of fossils.
The environmental strategy of large groups has lead in the wing. The giant, BP, one of the first world energy groups, announced the sale of its wind activities in the United States. LS Power, an American investment fund will therefore acquire BP Wind Energy and its 10 wind farms.
A decision that confirms the refocusing of the February group where he confirmed to abandon his climate strategy. In 2020, the group announced proudly converting into an integrated energy company and multiplying its investments in low carbon energy by 10 by 2030.
Profitability versus energy sobriety
Las. Five years later, the group believes that it wanted to “see too big too fast”. BP will therefore refocus on its oil and gas production activities, more polluting, but also more profitable. This prioritization of fossils was expected of the group shareholders.
In December the group had already announced to saber in its investments, after the creation of a co-company with the Japanese energy company Jera. The sale of its wind activities is one of the bricks of the BP disinvestment program which is expected to total 20 billion transfers in the long term.
This gas and petroleum refocusing is a low signal for the environment that will certainly appeal to the American president, for whom the American enegetic strategy had been summed up by the famous “Drill, Baby, Drill” during his inauguration.