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@BenjaminHCCarr@hachyderm.io#BP’s £2bn profits cause anger amid #climatecrisis
#Oil and #gas company will increase its #shareholder #dividends by 10% to $2.3bn, despite the worse than expected profits. It will also return a further $1.5bn to investors through a share buyback over the next three months. #RussiaUkraineWar helped BP triple its profits in the second quarter of last year to $8.5bn, the second-best quarterly profit result in the company’s history.
https://www.theguardian.com/business/2023/aug/01/bp-profits-climate-crisis-oil-prices #climatechange #climatecrisis
@BenjaminHCCarr ...but for a beautiful moment in time we created a lot of value for shareholders...
@BenjaminHCCarr #HPC vendors lining up around the block for a barrel of that oil money to help more efficiently destroy the planet.
@BenjaminHCCarr I say that as staff at a uni with new projects with both #Shell and the #Saudi kingdom. 
But not as if any of that cash is going to #UniExeter infrastructure. 