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BP Report Outlines Emissions Cutting Efforts (Ind. Report)
BP
Date: 2018-05-14
London-based petroleum fuels and energy giant BP notes it hopes to attain zero net growth in operational emissions and to reduce greenhouse gas emissions by 3.5 million tons by 2025.

BP, which runs the BP Whiting Refinery on the Lake Michigan shoreline, also seeks to target a methane intensity of 0.2 pct going forward. To that end, BP recently installed flare gas recovery systems to reduce flaring at its refineries to zero by 2030. The company also wants to cut methane emissions and improve energy efficiency, which would account for 40 pct of emissions reductions BP strives toward. BP is also investing in 20 different carbon-neutral products, natural gas, biofuels, wind, solar, a more lightweight concrete and startups working toward lower-carbon energy. According to its recently released Advancing the Energy Transition Report BP aims to provide lower-emissions gasoline, develop lower-carbon fuels and expand its lower-carbon business in which it is investing $500 million per year.

Download the BP Advancing the Energy Transition Report HERE. (Source: BP, NWI,May, 2018) Contact: BP, www.bp.com

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