Is BP Finally Committing To Ambitious Climate Action — Or About To Fool Us Twice?
https://cleantechnica.com/...nally-committing-to-ambitious-climate-action-or-about-to-fool-us-twice/
In February, BP CEO Bernard Looney announced to great fanfare the company’s aims to bring carbon emissions from the oil and gas it produces and brings to market to net-zero by 2050 (with lesser ambitions for the oil and gas BP buys from other producers and then markets). In early August, Looney further pledged that by 2030, BP would cut its oil and gas production by 40% below 2019 (pre-pandemic) levels, increase its renewable electricity generation from ~2.5 gigawatts (GW) today to a whopping 50 GW and stop exploring for fossil fuels in new countries
“Today is about a vision, a direction of travel,” Looney said at the February rollout. “I appreciate you want to see more than a vision. We don’t have that for you today, but we will in September. The direction is set. We are heading to net zero. There is no turning back.”
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[W]e are all citizens of one world, and we must take shared responsibility for its future. … [T]here is now an effective consensus among the world’s leading scientists and serious and well-informed people outside the scientific community that there is a discernible human influence on the climate and a link between the concentration of carbon dioxide and the increase in temperature. [I]t would be unwise and potentially dangerous to ignore the mounting concern.