REACTION: Oxfam response to BP dropping its renewables target in a shift back to fossil fuels

“It is gravely wrong that big polluters like BP can just abandon their climate targets in pursuit of higher profits. These profits come with a huge climate cost that impact us all, but it is people living in poverty who are left paying the highest price for a climate crisis they did little to cause.

“Instead of being allowed to increase their polluting activities, fossil fuel companies like BP must be held to account by taxing them more, both to incentivise a fair switch to a low-carbon economy that benefits everyone and to ensure the costs of addressing climate change fall on those most responsible.

“People and planet must be put before profit and greed, for the sake of us all.”