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By Ali Lyon The new government’s decision to divest from North Sea oil and set up a state-owned renewable energy company is the “last thing” it should be doing, the former chief executive of BP has said. Bob Dudley, who ran the British petrochemical giant BP for ten years, told City AM that energy secretary Ed Miliband was “ignoring” the reality of modern energy demands by foisting aggressive taxes on the UK’s oil and gas sector in order to fund the taxpayer-funded Great British ‘GB’ Energy. Speaking shortly before the annual COP environmental summit, which takes place this week, he said: “If …

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