Plug Power Inc (PLUG)

[B_B!]

How convenient for the fossil fuel companies/countries to have an ex-BP as CEO of Rolls-Royce.
One of the few aircraft engine manufacturers.

Rolls-Royce Sours on Electric Planes, Needs Time for Hydrogen
November 28, 2023
Company Plans to List Electric Engine-Making Business for Sale
Rolls-Royce Holdings Plc backed away from electric-powered aircraft, with plans to put a business making such engines up for sale and said conventional propulsion will remain the mainstay possibly for the next two decades as hydrogen takes time to mature as an alternative.
“I don’t believe in the next 15, 20 years hydrogen will play a role,” CEO Tufan Erginbilgic said on a Nov. 28 media call. While the company is working on hydrogen technology with discount carrier EasyJet Plc, Erginbilgic said he believes sustainable aviation fuel will be the sole pathway for large jets to achieve net-zero climate targets.
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https://www.ttnews.com/articles/rolls-royce-electric-planes


Rolls-Royce appoints Tufan Erginbilgic as Chief Executive Officer
Rolls-Royce (LSE:RR., ADR:RYCEY) announces that Tufan Erginbilgic has been appointed Chief Executive Officer and an executive director of Rolls-Royce Holdings plc. Tufan will take up his new role on 1 January 2023
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Tufan, who has a background in engineering, has built his career in international business including over 20 years with BP, with five years as part of its executive team. In his last role before leaving in 2020, he led BP’s downstream business, which included Refining, Petrochemicals, Service Station Network, Lubricants, Midstream operations and the Air BP jet fuel operation.
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https://www.rolls-royce.com/country-sites/hungary-en/discover/2022/rr-appoints-tufan-erginbilgic-as-chief-executive-officer.aspx