BP

  • Back to petroleum for BP

    http://www.cfact.org/wp-content/uploads/2013/04/sinkingship.jpg

    Without subsidies, renewables cannot compete — and so BP is bailing. Addressing wind energy’s future, Amy Grace, a New York-based analyst at New Energy Finance, said: “There’s limited visibility beyond 2014 about what the assets will be worth as a tax credit supporting turbines is set to expire at the end of this year.”