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Alternative Energy


BP Plans to Double Investments in Alternative and Renewable Energy Sources


BP, one of the largest oil companies in the world, is doubling it's investment in alternative and renewable energy sources. BP is looking to invest up to $8 billion towards wind, solar, hydrogen and high-efficiency gas-fired power generation projects. Unlike other oil companies, like Exxon Mobil Corp. in particular, BP believes investing in renewable energy sources is an important opportunity for the future.





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