BP’s Bold Zero-Carbon Pledge Is Only the Beginning

Written by Rocky Mountain Institute

BP made headlines yesterday, announcing ten new climate ambitions to bring both its business and the economy it serves toward net zero emissions by 2050, the goal post science dictates is needed to avoid the worst impacts of climate change.

As one of the world’s largest oil and gas companies, BP has an outsized impact on the success or failure of the low-carbon transition globally. This impact comes not only from the fossil fuels it produces, but the influence it wields in political and economic arenas. Its new announcement sends a strong signal, laying the potential to fundamentally reshape expectations

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By Rocky Mountain Institute

Rocky Mountain Institute (RMI) transforms global energy use to create a clean, prosperous, and secure low-carbon future. We are an independent, nonpartisan nonprofit cofounded in 1982 by Amory Lovins, RMI’s chairman emeritus and chief scientist. RMI now has approximately 170 full-time staff, annual operations of $35 million, and a global reach and reputation. In 2014, Carbon War Room merged with and now operates as part of RMI.

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