
EXCERPT: BP appears to be back pedaling on its vaunted commitment to alternative energy, renewing old skepticism about what the company formerly known as British Petroleum really stands for.
BP recently shuttered its alternative energy headquarters in London and plans to slash its $1.4 billion alternative energy budget by as much as 64 percent this year, the Guardian reports.
In 2006, BP pleged to triple its production of solar panels over the next three years. Yet this April, the company closed down solar power manufacturing plants in Spain and the US, with the loss of 620 jobs.
I have only one word: AARRGGGHHH!!!!!
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