Summary
And because oil companies must supplement their own dwindling oil fields with crude from big exporters, firms have little choice but to buy from repressive regimes like Iran, Saudi Arabia, or Russiaand worse, must often bid against India and China, which, as one analyst notes, can openly "offer bribes and arms in exchange for oil." Even its support of Kyoto is pilloried as disingenuous: BP happens to be overstocked in reserves of natural gas, a fuel that emits less CO2 than coal or oil, and whose price would rise sharply if society were forced to cut carbon emissions.
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Extract
It's Not Easy Being Green
This hasn't been the best year for British Petroleum. After the series of embarrassing pipeline breaks in Alaska, critics say the British energy giant can no longer claim to be an environmentally conscious oil company...
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