“The world’s carbon budget is finite and running out fast; we need a rapid transition to net zero. We all want energy that is reliable and affordable, but that is no longer enough. It must also be cleaner,” he added.
BP said it plans to halve the intensity of the carbon emissions of the oil and gas products it sells, known as Scope 3 emissions, by 2050. Over the past two years, Europe’s top oil and gas companies have ceded some ground to growing investor pressure to tackle climate change by reducing carbon emissions.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: