BP’s Hayward: “There Are No Silver Bullets”
Copenhagen marked “the end of the beginning” of the effort to curb carbon emissions; it was the first time countries agreed to act, regardless of whether there is a global treaty, BP CEO Tony Hayward said yesterday.
In a speech that repeatedly evoked Churchill, Hayward argued for a middle road in energy policy: he urged carbon pricing to encourage investment in renewables but largely dismissed “headline-grabbing” but costly projects such as offshore wind. Read More »



