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BP criticised over plan to spend billions more on fossil fuels than green energy

Company’s oil and gas investments for 2023 will be as much as double those on renewables

BP has been accused of prioritising fossil fuels over green energy as it plans to spend as much as double the amount on oil and gas projects than on renewable investments next year.

The FTSE 100 company has earmarked up to $7.5bn (£6.2bn) for oil and gas projects, compared with a range of $3bn to $5bn for green energy.

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