This is how BP plans to transform itself into a net-zero emissions company by 2050
Overall, BP has gone further than any oil company but there are areas of concern
London — BP’s flashy February rebrand left many wondering whether the oil major could make good on its promise to transform itself into a net-zero emissions company by 2050.
CEO Bernard Looney fleshed out his plans on Tuesday, with more details on how the company will slash production of oil and gas while boosting investments in renewable energy, hydrogen and electric vehicle charging. The execution of the low-carbon future for BP, could set the company on course to lead industry efforts to address climate change...