BP reveals strategy to reach net zero – News – The …
BP reveals strategy to reach net zero . Article by Amanda Doyle. FOLLOWING its announcement in February to become a net zero company by 2050 or sooner, BP has revealed its net zero strategy. The plan includes many shorter-term objectives, including cutting oil and gas production by 40% by 2030.


BP reveals strategy to reach net zero : oilandgasworkers
BP is planning a 10-fold increase in investment in low carbon energy sources to about $5 billion per year by 2030 and wants to deliver a 20-fold increase in renewables capacity to generate 50 gigawatts through new projects and acquisitions – BP has said it is aiming for a return of 8% to 12% for renewables


What do green campaigners think of BP’s plans to reach net
BP CEO Bernard Looney speaks during an event in London on February 12, 2020, where he declared the company’s intentions to achieve “net zero” carbon emissions by 2050.


BP reveals net zero plans by 2050, pivots to ‘Integrated …
Oil giant BP has announced its plans to be a net zero firm by 2050 as it pivots from oil company to an ‘Integrated Energy Company’. Within 10 years, the firm said it aims to have increased its annual low carbon investment 10-fold to around $5bn a year, building out an integrated portfolio of low carbon technologies, including renewables, bioenergy and early positions in hydrogen and Carbon …


‘BP has woken up’: Oil giant pledges to reduce fossil fuel …
BP has fleshed out its plan to become a net zero company by 2050 with a commitment to cut the oil and gas it produces by 40 per cent and increase annual investment in low carbon technologies 10 …


BP’s statement on reaching net zero by 2050 – what it says …
Feb 12, 2020BP’s new chief executive, Bernard Looney, has announced plans to make it a net zero company by 2050, and outlined its strategy in a document.The Guardian’s global environment editor, Jonathan …


BP sets net zero carbon target for 2050 | Business | The …
Feb 12, 2020The net zero strategy will require BP to cut or offset around 360m tonnes of greenhouse emissions created by the oil and gas it produces every year through measures such as tree-planting, and …


BP lays out rapid cuts in oil and gas production to reach
BP had in February — before the pandemic hit — vowed to reach net-zero carbon emissions by 2050, but the new details show major impacts on its business by 2030.


Reimagining energy | Who we are | Home – BP global
Transforming our business. In February we set out our ambition to become a net zero company by 2050 or sooner and help the world get to net zero.. To deliver that ambition, we have launched our new strategy that will reshape our business within a decade as we pivot from an international oil company focused on producing resources to an integrated energy company focused on delivering solutions …


Our strategy | What we do | Home – BP global
14 – 16 September 2020. Save the date to attend ‘bp week’, including bp’s virtual Capital Markets Days and Energy Outlook. Over three afternoons (BST) on these dates, Bernard Looney and members of his leadership team will update the market, providing detail on our new strategy and the plan to reimagine energy and reinvent bp.
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