BP is working to bring more lower carbon energy to the UK, like developing offshore wind,

and we're keeping oil and gas flowing from the North Sea. It's and not all. That's how BP is backing Britain. Well today we're mostly in oil and gas.

We increased the proportion of our global annual investment that went into our lower carbon and other transition businesses from around 3% in 2019 to around 23% in

2023. VP.com slash and not all. The Economist.

Hello and welcome'm Rosie Blore.

Every weekday we provide a fresh perspective on the events shaping your world.

Received academic wisdom has it that giant successful firms eventually lose out to smaller, nimbler innovators, the process known as creative

destruction.

Our outgoing global business columnist questions the basis of that popular theory.

And youth clubs have been part of the fabric of British society since the 19th century,

a haven for kids who are often unhappy at home or at school.

But in recent years more than a thousand of them have shot.

We ask why. But first,

six weeks ago,

six weeks ago, voters in Venezuela made a clear choice of Edmondo Gonzalez as their president.

But not for the first time, Venezuela's people didn't get the leader they voted for.

And this time around the danger to the actual winning candidate was clear.

So over the weekend Mr. Gonzalez fled to Spain to seek asylum.

Misala Caracas,

is your rodeo of episode of depression, co-axions and

amenassa of't permit me solid.

In Madrid, he thanked his supporters

...