BP offers faint praise to renewables in transition plans

Whether you believe (as BP does) that the world needs to generate less greenhouse gas emissions, while generating more energy, or whether you think we need to actually use less energy to achieve more electric functions, depends on which gods you pray to, we suppose. And in the case of BP, which prays to the big shareholder in the sky, it’s entire forecast for global energy, out this week, reads more like a prospectus than a genuine econometric forecast. Perhaps we need to think about it that way? People have tried this week to compare the BP Energy Outlook 2019 to two or three other documents – one also out this week, from management consultant McKinsey, which showed energy usage…