COVID Accelerates Renewable Energy

3 Ways COVID is increasing transition to renewable energy by looking at BP, pre-COVID.

Before COVID BP did the following:

  • BP quit petrochemicals
    • BP sold off all its petrochemicals except 1 German plant
  • BP pledged 100% renewable energy
    • BP has a long history in these waters
    •  20 years ago it began its “Beyond Petroleum” renewable energy campaign
    • It recently partnered with a California based solar energy facility
  • The purchaser of BP’s petrochemical facilities is sustainable minded
    • The purchaser is focused on recycling efforts on the waste-to-energy field

Triple Pundit | Why COVID-19 Will Accelerate the Renewable Energy Transition