Between 2010 and the third quarter of 2018, many major oil companies worldwide invested in renewable/low-carbon technologies.
During that timeframe, BP's low-carbon investments amounted to approximately a 2.3 percent share of their total capital expenditures.
Low-carbon/renewable technologies include renewable energy, energy smart technologies, carbon capture and storage, biomass and waste, biofuels, frontier power, wind, onshore wind, offshore wind, solar thermal, solarPV, and solar.
Low-carbon investment of the leading oil companies worldwide between 2010 and 2018 (as a share of total capital expenditure)*
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Visual Capitalist. (December 11, 2019). Low-carbon investment of the leading oil companies worldwide between 2010 and 2018 (as a share of total capital expenditure)* [Graph]. In Statista. Retrieved December 21, 2024, from https://www.statista.com/statistics/1085091/low-carbon-investment-oil-companies-worldwide/
Visual Capitalist. "Low-carbon investment of the leading oil companies worldwide between 2010 and 2018 (as a share of total capital expenditure)*." Chart. December 11, 2019. Statista. Accessed December 21, 2024. https://www.statista.com/statistics/1085091/low-carbon-investment-oil-companies-worldwide/
Visual Capitalist. (2019). Low-carbon investment of the leading oil companies worldwide between 2010 and 2018 (as a share of total capital expenditure)*. Statista. Statista Inc.. Accessed: December 21, 2024. https://www.statista.com/statistics/1085091/low-carbon-investment-oil-companies-worldwide/
Visual Capitalist. "Low-carbon Investment of The Leading Oil Companies Worldwide between 2010 and 2018 (as a Share of Total Capital Expenditure)*." Statista, Statista Inc., 11 Dec 2019, https://www.statista.com/statistics/1085091/low-carbon-investment-oil-companies-worldwide/
Visual Capitalist, Low-carbon investment of the leading oil companies worldwide between 2010 and 2018 (as a share of total capital expenditure)* Statista, https://www.statista.com/statistics/1085091/low-carbon-investment-oil-companies-worldwide/ (last visited December 21, 2024)
Low-carbon investment of the leading oil companies worldwide between 2010 and 2018 (as a share of total capital expenditure)* [Graph], Visual Capitalist, December 11, 2019. [Online]. Available: https://www.statista.com/statistics/1085091/low-carbon-investment-oil-companies-worldwide/