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ENERGY TRANSITION

BP announces net zero 'ambition' by 2050

Aims to cuts Scope 1, 2 emissions to zero and to halve Scope 3 by mid-century.

Mark Tilly

  While newly appointed CEO Bernard Looney did not put a dollar figure on how much the company would spend to decarbonise, he said "trillions" would need to be spent in rewiring the world's energy system. ...

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