Wednesday, 13 April 2016

Removing BP as a Primary Museum Sponsor is Wrong - Butler

Writing for the Financial Times, King's College London Professor and former BP Group Vice-President for Strategy Nick Butler said the British Museum's move to remove oil company BP from sponsoring their institution is a wrong move on the part of the cultural institution.

Butler's argument is that cultural institutions will benefit not just from the oil company's money, but also its upkeep.



Aside from looking like he's scaremongering, I have to agree he raises lots of valid points in these three things.

Cultural Institution Loses

The British Museum would be the one to lose. By turning away BP, the museum will likely find a suitable replacement for a lead sponsor.

However, BP has injected more than its replacement could provide for museums. Campaigners are not offering to cover the funding gap. Instead, they would suggest cuts with the museum's itinerary. 

This would devalue the institution instead of improving it.

Climate Change Negativity

Mr Butler continues to add that the British Museum's move is wholly negative and impractical.

Instead of concentrating on constructiveness, campaigners are calling for removal of greenhouse-causing companies and introducing climate change.

But the move of removing BP for climate change awareness is one that is worthless and only accounts for a small result against a bigger, more positive result in the form of a prestigious display of British history.

Hypocrisy

Mr Butler believes that those who signed for British Petroleum's removal in the sponsor list are also individuals, groups and institutions working with oil and gas companies. It reveals a major case of hypocrisy according to the former BP vice-president.


He had likened the situation to someone who claims to be vegan but inserts bacon inside the sandwich.