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Browne, Lord bp

<p style=" margin: 0px 0px 15px; padding: 0px; line-height: 1.2em; outline: none; display: block; color: rgb(68, 68, 68); font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"></font></p><div><font size="4" face="Times New Roman">=</font></div><div><font size="4" face="Times New Roman"><span times="Times" new="New" roman="Roman" font-variant-numeric="font-variant-numeric" normal="normal" font-variant-east-asian="font-variant-east-asian" vertical-align="vertical-align" baseline="baseline" white-space="white-space" pre-wrap="pre-wrap"><b>very good 2022 BBC doc big oil v world</b></span></font></div><div><font size="4" face="Times New Roman">pt 2 raymond confronted (shareholder mtg? by cli sci) reads oregon?! 15 min&nbsp;</font><font face="Times New Roman" size="4"><a href="https://www.dailymotion.com/video/x8cnif4">https://www.dailymotion.com/video/x8cnif4</a></font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">sci heins sp? Arthur Green geosci BS denier ppt, culture polite.</font></div><div><font size="4" face="Times New Roman">
</font></div><div><font size="4" face="Times New Roman">200m$ on<b> BP PR 2x solar John Browne </b><span style="background-color: rgb(255, 255, 102);">raymond furious</span> brk ranks, exxon ppl ha grnwash</font></div><div><font size="4" face="Times New Roman">
</font></div><div><div times="Times" new="New" roman="Roman" font-size="font-size" large="large" background-color="background-color" rgb="rgb"><font size="4" face="Times New Roman">=</font></div></div><p style=" margin: 0px 0px 15px; padding: 0px; line-height: 1.2em; outline: none; display: block; color: rgb(68, 68, 68); font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">=</font>

<font size="4" face="Times New Roman">led to smoking gun plan:</font>

<strong><font size="4" face="Times New Roman">The Action&nbsp;Plan</font></strong>

<span style=" background-color: rgb(255, 255, 102);"><font size="4" face="Times New Roman">In April 1998, four months after&nbsp;<a href="http://www.desmog.uk/2015/03/28/moment-when-global-leaders-signed-kyoto-protocol-and-how-industry-responded" target="_blank" style=" text-decoration: none; font-weight: bold; color: rgb(51, 153, 204); outline: none;"><span class="caps">BP</span>&nbsp;boss Lord Browne praised the new Kyoto Protocol</a>&nbsp;to limit emissions, the hardliners came together to create an “Action Plan” to combat America’s growing fondness for fighting climate&nbsp;change.&nbsp;</font></span>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);">The “<b>Global Climate Science Communications Team” was led by the American Petroleum Institute</b>&nbsp;(<span class="caps">API</span>),</span>&nbsp;an industry lobby group bankrolled by Exxon and increasingly used as a political cover for their&nbsp;activities.</font>

<font size="4" face="Times New Roman">Randy was one of just a few industry representatives present; apart from this, the group was dominated by think tank representatives from the Heartland Institute, the Marshall Institute, and Frontiers for&nbsp;Freedom.</font></p>

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<font size="4" face="Times New Roman">==</font>

<font size="4" face="Times New Roman" style="">Fracking boss Lord Browne has been named the executive chairman of L1 Energy—an oil and gas firm backed by Russian billionaire Mikhail Fridman—it was announced this week.</font>

<font size="4" face="Times New Roman">The former BP boss stepped down from his position as chairman at UK shale gas company Cuadrilla to join the Russian energy company. He has also left his role as co-head of Riverstone’s Renewable Energy Fund.</font>

<font size="4" face="Times New Roman">===</font>

<font size="4" face="Times New Roman"><span style="line-height: 15.6px;">http://desmog.uk/2015/03/21/what-happened-when-former-bp-boss-lord-browne-called-action-climate-change</span></font></p>

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<p style=" margin: 1em 0px;"><font size="4" face="Times New Roman"><b>Our latest&nbsp;DeSmog&nbsp;<span class="caps" style="">UK</span>&nbsp;epic history post looks at what happened when former&nbsp;<span class="caps" style="">BP&nbsp;</span>boss Lord John Browne called for government regulation to reduce carbon&nbsp;emissions.</b></font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);"><a href="http://www.parliament.uk/biographies/lords/lord-browne-of-madingley/2172" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">John Browne</a>&nbsp;was chief executive of&nbsp;<a href="http://www.desmog.uk/directory/vocabulary/1002" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">British Petroleum</a>&nbsp;and one of the most fêted and celebrated business leaders of his&nbsp;generation.</font>

<font size="4" face="Times New Roman">The son of a British Army officer and a Hungarian Auschwitz survivor, Browne joined the company as an apprentice in 1966 before a genuinely meteoric rise through the management, reaching the apex in&nbsp;1995.</font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);">His private interests were reported to be fine cigars, antique furniture and the arts. Browne represented a new breed of businessman who publicly denounced any ideology or party political affiliation and embraced public relations as the primary role of a company&nbsp;leader.</font>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);">He was close to the young&nbsp;<a href="http://www.tonyblairoffice.org/" target="_blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Tony Blair</a></span>&nbsp;and just three weeks after the general election he would <b>send shockwaves around the world by “breaking ranks” with the rest of the oil industry by publicly endorsing the science of climate change – including immediate government regulation to reduce carbon emissions from the use of fossil&nbsp;fuels.</b></font>

<strong><font size="4" face="Times New Roman"><span class="quo">‘</span>Fresh&nbsp;Perspective’</font></strong>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);">Browne took to the podium at Stanford University on 19 May 1997</span> and appeared to completely upset the balance of power in the great climate change battle for hearts and&nbsp;minds.</font>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);"><span class="dquo" style=" margin-left: 0px;">“</span>The world in which we live is no longer defined by ideology,</span>”&nbsp;<a href="http://www.bp.com/content/dam/bp/pdf/speeches/1997/Addressing_Global_Climate_Change.pdf" target="_blank" style=" text-decoration: none; color: rgb(51, 153, 204);">he began</a>. “The old spectrums of left to right and radical to conservative are still with us, but ideology is no longer the ultimate arbiter of analysis and&nbsp;action.</font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);"><span class="dquo" style=" margin-left: 0px;">“</span>Governments, corporations, and individual citizens have all had to redefine their roles in a society no longer divided by the Iron Curtain. A new age demands a fresh perspective on the nature of society and&nbsp;responsibility.”</font>

<strong><font size="4" face="Times New Roman">Precautionary&nbsp;Action</font></strong>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);"><b>Browne made reference to the recently published&nbsp;<span class="caps">UN</span>&nbsp;Intergovernmental Panel on Climate Change report and continued: “There is now an effective consensus among the world's leading scientists and serious and well informed people outside the scientific community</b> that there is a discernible human influence on the climate and a link between the concentration of carbon dioxide and the increase in temperature … it would be unwise and potentially dangerous to ignore the mounting&nbsp;concern.”</font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);">He added: “If we are to take responsibility for the future of our planet, then it falls to us to begin to take precautionary action&nbsp;now.”</font>

<font size="4" face="Times New Roman"><b><span style=" background-color: rgb(255, 255, 102);">However, </span>the oil&nbsp;<span class="caps">CEO</span>&nbsp;warned against “dramatic, sudden” action that sought “at a stroke” to drastically restrict the emission of carbon through the use of fossil fuels because of the impact on economic growth and the developing world. But at the same time he committed his company to the Rio Earth Summit climate&nbsp;agreements.</b></font>

<font size="4" face="Times New Roman"><span class="dquo" style=" margin-left: 0px;">“</span>What we propose to do is substantial, real and measurable,” he assured his audience. “I believe it will make a&nbsp;difference.”</font>

<strong><font size="4" face="Times New Roman">A New&nbsp;Alliance</font></strong>

<font size="4" face="Times New Roman">The official&nbsp;<span class="caps">BP</span>&nbsp;website still celebrates the speech. It records: “A sceptic may have wondered why an oil and gas company executive would take such an environmentally conscious stand. But&nbsp;<span class="caps">BP</span>'s willingness to confront environmental issues had been shaped by a long learning process that stretched across several&nbsp;decades.”</font>

<font size="4" face="Times New Roman">Browne's speech promised a new alliance between a major oil company and the international community but it<span style=" background-color: rgb(255, 255, 102);"> instantly caused a series of clashes and divisions. It eventually <b>ensured the demise of the Global Climate Coalition</b>—formed by businesses which opposed immediate action to reduce greenhouse gas emissions—and drove a permanent wedge between senior political advisors within&nbsp;<span class="caps">BP</span>&nbsp;itself.</span></font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);">The speech also divided opinion in the environment movement and created a chasm between those who remained distrustful of&nbsp;<span class="caps">BP</span>&nbsp;and strategists who wanted to exploit the opportunity to turn oil company against oil&nbsp;company.</font>

<strong><font size="4" face="Times New Roman">Share&nbsp;Price</font></strong>

<font size="4" face="Times New Roman">Browne committed&nbsp;<span class="caps">BP</span>&nbsp;to “five steps” to tackle climate change: reduce operational greenhouse emissions, fund research and development, jointly develop new technologies, invest in alternative fuels, and “contribute to the public policy debate in the search for wider global&nbsp;solutions”.</font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);"><b>Surprisingly, the energy company’s share price increased in the wake of Browne’s speech admitting fossil fuel exploitation was&nbsp;unsustainable.</b></font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);">Over the next three years, during which&nbsp;<span class="caps">BP</span>&nbsp;set out on a series of acquisitions and operational savings, shares rose from 359.5p to 655.4p, which was <b>twice the rate of increase during the same period for rivals&nbsp;ExxonMobil.</b></font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);"><span class="caps">BP</span>&nbsp;also announced a $1 billion investment in solar energy, and its rival Shell followed shortly after by announcing it was investing $500 million in renewable energy&nbsp;technology.</font>

<font size="4" face="Times New Roman">Off the back of this, <b>Greenpeace&nbsp;<span class="caps">UK</span>&nbsp;decided to befriend&nbsp;<span class="caps">BP</span>&nbsp;while increasing pressure on Shell to also commit to climate&nbsp;mitigation.</b></font>

<font size="4" face="Times New Roman">Browne was invited to address the Greenpeace Annual Business Conference, during which he praised his former environmentalist adversaries for their attempts to work with major businesses. He said: “We support that effort, which can only be&nbsp;beneficial.”</font>

<strong><font size="4" face="Times New Roman">Sincere&nbsp;Attempts</font></strong>

<font size="4" face="Times New Roman" style="background-color: rgb(255, 255, 102);">While some environmentalists believed the oil boss was sincere in his commitment, many within the company itself remained deeply sceptical and suspicious that the great climate speech would actually result in a change in&nbsp;practice.&nbsp;</font>

<font size="4" face="Times New Roman"><a href="https://www.facebook.com/pages/Tom-Burke/114830618638860" target="_blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Tom Burke</a>, a former executive at Friends of the Earth and the Green Alliance, was hired by Browne as an advisor brought in to reform the organisation from the&nbsp;inside.</font>

<font size="4" face="Times New Roman">Burke remains staunchly of the view that the chief executive was sincere in his attempts to revolutionise&nbsp;<span class="caps">BP</span>&nbsp;from being an old, polluting, fossil fuel producer to a modern, enlightened energy&nbsp;company.</font>

<font size="4" face="Times New Roman"><span class="dquo" style=" margin-left: 0px;">“</span>John was a visionary leader and had a tremendously good sense of the challenge that faced&nbsp;<span class="caps">BP</span>&nbsp;in getting the scale to compete with Exxon and Shell,” Burke told me. “Browne had seen that climate change was serious and real and their own analysis told them that this was serious and real … it was a genuine&nbsp;attempt.”</font>

<font size="4" face="Times New Roman" style="background-color: rgb(255, 204, 102);">This suggests that Browne was simply unable to drill his new climate ambitions into his own ranks, while at the same time continuing the global pursuit for new reserves in desperate and sometimes extremely hostile competition with&nbsp;<span class="caps">BP</span>'s arch rivals at Shell and&nbsp;Exxon.</font>

<strong><font size="4" face="Times New Roman">Sceptic&nbsp;Colleagues</font></strong>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);"><a href="http://en.wikipedia.org/wiki/Peter_Walters" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Sir Peter Walters</a>&nbsp;was Browne's successor at&nbsp;<span class="caps">BP</span>.</span> As boss of the company, he signed off annual donations of £10,000 for his friend&nbsp;<a href="http://en.wikipedia.org/wiki/Ralph_Harris,Baron_Harris_of_High_Cross" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Sir Ralph Harris</a>&nbsp;at the&nbsp;<span style=" background-color: rgb(255, 255, 102);"><a href="http://www.desmog.uk/2014/09/02/lawson-s-hot-and-cold-affair-institute-economic-affairs" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">I<b>nstitute of Economic Affairs</b></a><b>&nbsp;(<span class="caps">IEA</span>) and, on retirement, joined the free market think tank as a&nbsp;trustee.</b></span></font>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);">At the time of Brown's Stanford Speech, Walters was working with&nbsp;<a href="http://www.desmogblog.com/julian-morris" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Julian Morris</a>&nbsp;and&nbsp;<a href="http://www.desmog.uk/2015/02/21/what-you-ve-always-been-getting-wrong-about-big-tobacco-funding-climate-deniers" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Roger Bate,</a></span>&nbsp;overseeing&nbsp;<a href="http://www.desmog.uk/2015/02/07/you-will-never-guess-who-was-really-behind-britain-first-climate-denial-propaganda" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">climate sceptic publications</a>&nbsp;and&nbsp;<a href="http://www.desmog.uk/2015/02/11/you-never-guess-who-attended-britains-first-climate-denial-conference" target="blank" style=" text-decoration: none; color: rgb(51, 153, 204);">conferences</a>. Walters also remains convinced that the sun is the driving force behind climate&nbsp;change.</font>

<font size="4" face="Times New Roman">His scepticism of the science reflects his scepticism of Browne's true motive in coming out in support of climate action, pointing to his very close relationship with&nbsp;Blair.</font>

<font size="4" face="Times New Roman">Some of his colleagues at the&nbsp;<span class="caps">IEA</span>&nbsp;were incandescent with rage at Browne for breaking ranks and fraternising with their ideological&nbsp;foes.</font>

<font size="4" face="Times New Roman">Sir Peter told me during an interview at the&nbsp;<span class="caps">BP</span>&nbsp;headquarters in St James's Street: “If you're chief executive of a major company, you've got to work with the grain of the government. I'm not going to stand up and criticise them because I want something else. I don't have to bend my conscience too far to say what they'll be glad to&nbsp;hear.”</font>

<font size="4" face="Times New Roman">When asked if Browne was using rhetoric to 'greenwash'&nbsp;<span class="caps">BP</span>&nbsp;during the Stanford speech, Sir Peter replied: “When I was a soldier we had an expression in the army which was, ‘bullshit baffles&nbsp;brains’.</font>

<font size="4" face="Times New Roman"><span class="dquo" style=" margin-left: 0px;">“</span>Before the commanding general came to inspect, everything would be whitewashed and cleaned. I don't think the general ever knew about the standard of training or the combat readiness of the troops and all the rest,” he recalled, mimicking a British general: “What! What!&nbsp;What!”</font>

<font size="4" face="Times New Roman"><a href="http://powerbase.info/index.php/Richard_Ritchie" target="_blank" style=" text-decoration: none; color: rgb(51, 153, 204);">Richard Ritche,</a>&nbsp;also a lifelong supporter of the&nbsp;<span class="caps">IEA</span>, was a political advisor to Browne at&nbsp;<span class="caps">BP</span>&nbsp;at the time of the speech. He agrees that the chief executive's conversion to environmentalism was about expediency and public relations, rather than a genuine turn onto the road to&nbsp;Damascus.</font>

<font size="4" face="Times New Roman">Ritchie told me: “I have absolutely no doubt that John Browne wanted to be perceived as the greenest oil company. But when you look at his decisions, he did not allocate all the resources away from oil and gas – we would never in a million&nbsp;years.”</font>

<strong><font size="4" face="Times New Roman"><span class="caps">BP</span>&nbsp;Withdraws</font></strong>

<font size="4" face="Times New Roman" style=""><span style="background-color: rgb(255, 255, 102);">In the immediate aftermath of the speech,&nbsp;</span><span style="background-color: rgb(255, 204, 102);"><span class="caps" style="">BP</span>&nbsp;announced that it would be withdrawing from the&nbsp;<a href="http://www.sourcewatch.org/index.php/Global_Climate_Coalition" target="_blank" style="text-decoration: none; color: rgb(51, 153, 204);">Global Climate Coalition</a>.</span></font>

<font size="4" face="Times New Roman">It issued a short statement which included the following quote from Browne: “The time to consider the policy dimension of climate change is not when the link between greenhouse gases and climate change is conclusively proven, but when the possibility cannot be taken seriously by the society of which we are part. We in&nbsp;<span class="caps">BP</span>&nbsp;have reached that&nbsp;point.”</font>

<font size="4" face="Times New Roman"><span style=" background-color: rgb(255, 255, 102);">Shell would follow shortly after,</span> and the transatlantic coalition would slowly unravel. The environmentalists, by targeting shareholders and leveraging Blair's influence over his friend Browne, had delivered a knockout&nbsp;blow.</font>

<font size="4" face="Times New Roman">The sceptics in the oil industry had lost their extremely well-funded, effective and brutal weapon in the war against climate regulations. Energy companies could not rely on openly funded, and in some ways honest, special interest-lobbying front&nbsp;groups.</font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);">The executives at Exxon faced the prospect of having to come to terms with climate science and rebuild their multi-billion dollar company in its entirety, from the tip of the rotary oil drill, along the pipelines and refineries, to the nozzle of the petrol pump pushed into the back of the&nbsp;<span class="caps">SUV</span>.</font>

<font size="4" face="Times New Roman" style=" background-color: rgb(255, 255, 102);">Or they could instead go it alone in the public relations and lobbying war. Exxon and the remaining oil companies would have to find new&nbsp;allies.</font>

<font size="4" face="Times New Roman"><b>The year after the Stanford address, Browne was<span style=" background-color: rgb(255, 255, 102);"> knighted</span> by the Queen for his services to industry,</b> and in 2001 he was elevated to the House of Lords on Blair's recommendation to become Baron Browne of&nbsp;Madingley.</font>

<font size="4" face="Times New Roman">The next&nbsp;DeSmog&nbsp;<span class="caps" style="">UK</span>&nbsp;epic history post portrays Lee Raymond, the Texan captain steering the Exxon ship against the rising tide of climate&nbsp;science.</font></p>

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<div class="field-item even" style=" display: inline-block; margin-right: 0.5em;"><a href="http://desmog.uk/directory/vocabulary/18042" style="">Lord Browne</a></div>

<div class="field-item odd" style=" display: inline-block; margin-right: 0.5em;"><a href="http://desmog.uk/directory/vocabulary/1002" style="">bp</a></div>

<div class="field-item even" style=" display: inline-block; margin-right: 0.5em;"><a href="http://desmog.uk/directory/vocabulary/2751" style="">institute of economic affairs</a></div>

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<p style=" margin: 0px 0px 15px; padding: 0px; line-height: 1.2em; outline: none; display: block; color: rgb(68, 68, 68); font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman"></font></p><p style=" margin: 0px 0px 15px; padding: 0px; line-height: 1.2em; outline: none; display: block; color: rgb(68, 68, 68); font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">corpwatch&nbsp;</font></p><p style="margin: 0px 0px 15px; padding: 0px; line-height: 1.2em; outline: none; display: block; color: rgb(68, 68, 68); font-style: normal; font-variant: normal; letter-spacing: normal; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman" style="font-weight: normal;">...</font><span style="font-family: " times="Times" new="New" roman="Roman" font-size="font-size" large="large">The British government sold its last shares in the company in 1987 [37]. By that time BP's performance was languishing at the bottom of its sector and a number of investments had backfired. In 1992 the group posted a loss and had to embark on a drastic cost-cutting exercise. A number of key figures at the top of the company are credited with turning the company around, David Simon (Lord Simon of Highbury), Peter Sutherland and following them the current group chief executive <b>John Brown. By 1996 the group had turned around and was performing within the top quartile of the oil and gas sector [38].</b></span></p><p><font size="4" face="Times New Roman">&nbsp;</font></p><p><font size="4" face="Times New Roman">The company's recent history has been dominated by a number of mergers. BP already held a 55% stake in the US Standard Oil Company and in 1987 successfully acquired the remaining 45% and formed the company BP America [39]. 1987 also saw BP acquire Britoil the North Sea exploration company [40].</font></p><p><font size="4" face="Times New Roman">&nbsp;</font></p><p><font size="4" face="Times New Roman">On August 11 1998 BP and Amoco: the American Oil Co. Established in 1910 [41], announced that they had agreed the world's largest-ever industrial merger [42].</font></p><p><font size="4" face="Times New Roman">&nbsp;</font></p><p><font size="4" face="Times New Roman">On April 7th 1999 BP announced that it would buy from Enron the 50 per cent stake it did not already own in the solar electric company Solarex, the company would be called BP Solarex [43]. BP Solar's website boasts not only that BP Solar is the world's largest solar electric company but also that it has over 44 years of collective experience [44]. BP Solarex has manufacturing bases in the USA, Spain, Australia, and India and a total production capacity of 30-40 MW of solar products per-year, representing a 20 per cent share of the global market....</font></p><p style=" margin: 0px 0px 15px; padding: 0px; line-height: 1.2em; outline: none; display: block; color: rgb(68, 68, 68); font-style: normal; font-variant: normal; font-weight: normal; letter-spacing: normal; orphans: auto; text-align: -webkit-left; text-indent: 0px; text-transform: none; white-space: normal; widows: auto; word-spacing: 0px; -webkit-text-stroke-width: 0px; background-color: rgb(255, 255, 255);"><font size="4" face="Times New Roman">=</font></p>