Environmentalists call strategy ‘20th century response to a 21st century problem’
First published on Mon 16 Apr 2018
Environmental leaders have dismissed BP’s new low-carbon strategy as “greenwash” and a lightweight response to climate change and the energy market’s rapid switch to renewables.
In a strategy published on Monday, BP said there would be no increase in its carbon footprint over the next seven years because it will cut emissions from its oil and gas rigs, and offset the rest.
The UK oil firm said it would achieve a saving of 3.5m tonnes of carbon dioxide equivalent by 2025. That is equal to about 7% of its current operational emissions.
However, it still has no target for its biggest contribution to global warming, which is the burning of its main products, oil and gas, unlike rivals such as Shell.
Tom Burke, the chairman of environmental thinktank E3G and a former BP adviser, said: “Who cares about operational emissions? The problem is they have nothing to say on their product. This is a 20th century response to a 21st century problem.”