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> All while we are trying to get away from fossil fuels. At least superficially there is a mismatch here, between the profits and some perceived Zeitgeist. Not
by oblio 4y ago
> All while we are trying to get away from fossil fuels. At least superficially there is a mismatch here, between the profits and some perceived Zeitgeist.
Not necessarily.
You might be right, but as someone said: the best and most profitable to their makers buggies were probably built in the first few years before cars took over road transport.
We won't know which of these it was until after the fact.
> Does BP do many other things, besides fossil fuels?
They probably do many other things, such as any large enterprise. The real question is: where do most of their profits come from, and would they be able to pivot away to another major profit center? History tells us that most other companies in this situation don't have other major profit centers nor are they able to create new ones. There are exceptions, of course, that's why we call them exceptions :-)