“A decarbonizing economy threatens the fossil fuel industry’s core business model, and the sector does not seem to be offering a cohesive and consistent plan for navigating this changing world,” the Institute for Energy economics and Financial Analysis said in a recent report. The report zeroed in on the latest BP news about the U-turn on oil and gas production cuts, suggesting that BP basically had no idea what it wanted to do with its future, and this should make investors nervous about the whole oil and gas industry.