BP is planning a $40 bn pipeline and wants us to subsidise it

BP is planning a $40 bn pipeline and wants us to subsidise it

BP pushed for major subsidies at the European Bank for Reconstruction & Development (EBRD) AGM in Istanbul last weekend, while hyping the grand scale of its Euro-Caspian Mega Pipeline plans. Between speeches by Prime Ministers and sessions on “Supporting Growth Amidst Austerity”, oil companies revealed their intentions to spend $40 billion expanding Europe’s gas grid...