Two sources have revealed that BP is ditching plans to increase renewable energy generation capacity and refocusing its efforts on fossil fuels. The sources told Reuters that the chief executive is set to scrap the company’s plan to boost green energy generation by 20 times through the rest of the decade, dealing a major blow to the clean energy industry’s growth.
While oil and gas firms like BP are ditching their plans to ramp up renewable energy production, entities like Mullen Automotive Inc. (NASDAQ: MULN) are making solid strides in their bids to address the market for zero-emission vehicles. Recent stock market movements for these firms show that investors strongly…
NOTE TO INVESTORS: The latest news and updates relating to Mullen Automotive Inc. (NASDAQ: MULN) are available in the company’s newsroom at https://ibn.fm/MULN
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