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BP Writes Down $4.5B Green Energy

BP announced write-downs of up to $4.5 billion tied to its failed green energy investments.

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Javier Blas @JavierBlas 403.9K followers

BP announced this morning write downs of as much as $4.5 billion linked to its failed investments in green energy (to be fully disclosed during 3Q earnings)Quoting @JavierBlas: The first step in solving a problem is recognising it: “We have not been careful stewards of shareholder capital” — BP new-ish CEO Meg O’Neill
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From @TheEngulfingGuy and others. Spam removed, with English and Chinese translations.

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