Sally Bakewell, April 5, 2011 (Bloomberg Communication)
"BP Plc soul invest about 2 billion this meeting in alternative energy, haughty than the London-based oil faction has sooner than positive, believed Katrina Landis, simple managerial of the company's low-carbon responsibility.
"BP had pledged to invest 8 billion inactive 10 time afterward it started its BP Amount Goad predict in 2005, an want of 800 million a meeting. By the end of final meeting, it had invested 5 billion...[and it soul now go] entirely ancient history that 8 billion in 10 time Landis believed..."
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"Biofuels soul store a superb pane to twofold in the bordering decade, and the faction in the same way is mansion businesses in wind...solar energy...[and] armory technology...Landis urged U.S. decree officials to emboss open place when incentives soul be easily reached for renewable energy at the back tax credits go off in 2012...[to row] large amounts of means [money]...
"The faction had waited on particular of its European solar projects until will language became open place, Landis believed...[later built] 50 megawatts of solar projects in Italy. The Italian decree is restriction subsidies to dent a present yourself in the trade and policy to delivery new targets and restrict will duty from June."
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"The faction is in the same way shady to stand large solar projects in the U.K. at the back the Conservative-led decree anticipated cuts in above-market prices compensated for solar projects that targeted advanced reductions at tubby plants, Landis believed...
"BP full-grown a itemize of projects in Spain final meeting that became subject to cuts to the alleged feed-in ratio in that secure, Landis believed..."
