I'm currently reading Kohei Saito's "Slow Down (How Degrowth Communism Can Save The Earth") in which he makes the compelling case that capitalism and avoiding climate disaster are fundamentally incompatible.
BP is reinforcing his arguments quite forcefully.
BP to raise oil and gas spending to $10bn a year in pivot away from green goals | BP | The Guardian
https://www.theguardian.com/business/2025/feb/26/bp-oil-and-gas-spending-green-energy-scale-back