March 31, 2010

Don't Risk 'Clean Energy' Future to Save Coal Jobs, Says BP's CEO

Here is an article from the NYT about the future of clean energy from BP's perspective.  There is a clear rift forming between coal and natural gas companies.

The nation should not be trying to save coal jobs at the expense of cleaner fuel industries, Tony Hayward, head of BP PLC, told a Washington think tank audience yesterday, adding that there is no reason to keep building coal-burning power plants here.
"We've got to find a better way to create jobs than preserving coal jobs," Hayward told his audience at the Peterson Institute for International Economics.

Read the full article here.

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