The targets set on Wednesday put BP ahead of rivals Royal Dutch Shell, Total, Equinor and all of the U.S. oil majors. BP did not specify how it intends to reach its 2050 targets to get carbon emissions from its operations and barrels produced to net zero and halve the carbon intensity of all products it sells, such as diesel or petrol. Smaller Spanish rival Repsol has set more ambitious net zero carbon targets for the oil products it sells, at a cost of more than $5 billion, but the huge scale of its operations now puts BP’s …read more
Source:: Yahoo Finance
