Whatever Happened to “Net Zero”? | Once, these sorts of corporate pledges were all the rage. Now, companies are starting to admit they weren’t serious.
Whatever Happened to “Net Zero”? | Once, these sorts of corporate pledges were all the rage. Now, companies are starting to admit they weren’t serious.
>In 2020, BP unveiled a plan to cut oil and gas production 40 percent by 2030 as part of the company’s goal to reach “net-zero” emissions by 2050 or sooner. This February, the company announced it’d instead seek a 25 percent reduction by the end of the decade. Then, on Monday, Reuters reported that BP intends to abandon that pledge altogether and instead expand production in the Middle East and the Gulf of Mexico.
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They’re killing us, and you’re letting them get away woth it
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>In 2020, BP unveiled a plan to cut oil and gas production 40 percent by 2030 as part of the company’s goal to reach “net-zero” emissions by 2050 or sooner. This February, the company announced it’d instead seek a 25 percent reduction by the end of the decade. Then, on Monday, Reuters reported that BP intends to abandon that pledge altogether and instead expand production in the Middle East and the Gulf of Mexico.
They’re killing us, and you’re letting them get away woth it