Word: bp
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Dates: during 2000-2009
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...BP: What I try really hard to do is be five in my head, to just absolutely go to this very innocent level. I like to think that Junie B. looks at the world-and this isn't a negative comment on her-from the lowest common denominator. It's not all gray to her; it's all black and white. I think the five- and six-year-old mind-set is very much like that. You just know things very clearly, that as you grow up, get murky. I try to write her in really simplistic, very innocent terms...
...BP: They're a very, very vocal minority. The numbers of people that I hear from are so small, but the letters are incredibly mean. I'm "dumbing down the country." They really can't insult you enough. I guess there's a lot I don't understand about it. I don't think that any of those people would say, "Don't play with little Sarah next door; she's five, and she doesn't have her verb tenses down yet. No, no, no; wait until her grammar starts improving." But for some reason, if you put that same...
Blood is not specific about where they will invest but theorizes, for instance, that BP might have an edge over other oil companies, thanks to its interest in green technologies; Costco would be a better long-term bet than Wal-Mart because it keeps its workers happier. He and Gore even see potential for making money fighting international scourges like AIDS and malaria. "There are risks associated with these issues," says Blood, "but they are also opportunities if businesses can think about them...
...held accountable. Pressure from activists has led Wall Street firms like J.P. Morgan Chase to assess environmental risks when deciding whether to finance projects such as gas pipelines in ecologically fragile regions. In the industrial sector, GE comes tardy to the green party, following firms such as Alcoa, BP, DuPont and Shell, which several years ago set targets for cuts in greenhouse gases and promised greater reductions than...
Foreign firms too are vulnerable. Russian tax authorities recently slapped BP's joint oil venture in Russia, TNK-BP, with a $1 billion back-tax bill for 2001. The move has caused dismay at BP in London and prompted chief executive John Browne to visit Moscow last month, where he met with Putin. The Russian leader reassured Browne, "We were not mistaken when we supported your decision two years ago" and praised the company for being "a good corporate citizen." Meanwhile, the Japanese tobacco company JTI, which makes Winston and Camel brands at a $400 million state...