About: http://data.cimple.eu/news-article/0adb2139ce4c8aec17c4d1a39f877ce2a0af84b32f43720334568a2d

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About: http://data.cimple.eu/news-article/0adb2139ce4c8aec17c4d1a39f877ce2a0af84b32f43720334568a2d Goto Sponge NotDistinct Permalink

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rdf:type	schema:NewsArticle
schema:articleBody	British energy giant BP, under the leadership of new chief executive Bernard Looney, declared Wednesday that it aims to achieve "net zero" carbon emissions by 2050, although it did not provide details how it plans to reach that target. "BP's new ambition to be a net zero company by 2050 or sooner covers the greenhouse gas emissions from its operations worldwide... and the carbon in the oil and gas that it produces," said a statement ahead of a speech by Looney on the plans to "fundamentally transform its whole organisation". Looney said in the statement: "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: "To deliver that, trillions of dollars will need to be invested in replumbing and rewiring the world's energy system. "It will require nothing short of reimagining energy as we know it." Irish national Looney last week succeeded American Bob Dudley, whose ten-year stint as chief executive included fallout from the 2010 Gulf of Mexico oil spill disaster -- the biggest environmental catastrophe in US history. "Energy markets are changing, driven by climate change, technology and societal expectations, and the board supports Bernard and his new leadership team's ambition for BP," the company's chairman Helge Lund said Wednesday. "Aiming for net zero is not only the right thing for BP, it is the right thing for our shareholders and for society more broadly. "As we embark on this ambitious agenda, we will maintain a strong focus on safe, reliable and efficient operations and on delivering the promises we have made to our investors," Lund added. rfj/bcp/rl
schema:headline	BP aiming for net zero carbon emissions by 2050
schema:mentions	Energy system Lund Energy policy BP Republic of Ireland Greenhouse gas Global warming Mexico United States Bob Dudley Emissions budget Helge Ingstad British Energy Deepwater Horizon oil spill Bernard Looney Carbon dioxide equivalent
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2020-02-12 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	75 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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