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BP lays out plans to achieve net zero emissions by 2050

LONDON — Energy producer BP said Wednesday it wants to eliminate or offset all carbon emissions from its operations and the oil and gas it sells to customers by 2050, though it remains unclear how it would achieve such an ambitious target as the company comes under pressure to help combat climate change. London-based BP’s goals include becoming a net zero emitter in its own production of energy but also to reduce the carbon dioxide created by its customers as they use that energy – the bulk of emissions from the industry. Doing so would require not only a shift to cleaner energy sources but also coming up with new technologies to offset emissions or extract CO2 from the atmosphere. As such, BP’s announcement was less of a det ...
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