BP has made profits of £2 billion in the second quarter of the year, while global warming continues to become a more and more existential issue.
Unfortunately, it also appears that BP is not thinking of the future at all. The vast majority of this money will be returned to share holders in dividends and buybacks.
Perhaps there is something in extra tax on companies which make extra profit, simply because oil prices are high – largely as a result of the Ukraine war.
