No one in their right mind would ever recommend consulting FT's Lex for sustainability insights, especially in the context of the future of energy. But reading gems like this is still a real stunner:
"Of course, the cost to BP may not be counted only in cash. There are also fears that the catastrophe will durably change BP for the worse. Its reputation will take years to repair. It is selling off assets to pay for the clean-up. It will probably become a more cautious company too, with lower gearing and a bigger cash-cushion. The chastening in the gulf may yet turn it into a less profitable entity overall."
And yes, the title of the post is indeed "BP: Room for Optimism".
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