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> The British oil giant wants to decrease its carbon emissions by between 20 and 30 percent by 2030. It previously aimed for a 35 to 40%. The only way they can
by charles_f 3y ago
> The British oil giant wants to decrease its carbon emissions by between 20 and 30 percent by 2030. It previously aimed for a 35 to 40%.
The only way they can significantly decrease "their" carbon emissions is by selling less of their product, lowering their lobbying and switching to another source of revenue.
I could say this is good news, not that I care about bp or tesla chargers, but anything that allows them to pivot to another revenue stream is less petrol they'll sell to be burnt.
But truth be told there is no reason why it would be subtractive or substitutive when it can be additive. Any pledge they make is meaningless. All will be burnt until there's none, because it doesn't cost remotely as much to produce than it brings to sell.
- kmlx 3y ago> The only way they can significantly decrease "their" carbon emissions is by selling less of their product you don’t “sell less” unless there is less buying going on. https://www.statista.com/statistics/271823/global-crude-oil-demand/#:~:text=The%20global%20demand%20for%20crude,barrels%20per%20day%20in%202023 https://www.statista.com/statistics/271823/global-crude-oil-.... > New IEA medium-term report sees oil use for transport going into decline after 2026 (nb: IEA has been wrong countless times) https://www.iea.org/news/growth-in-global-oil-demand-is-set-to-slow-significantly-by-2028 https://www.iea.org/news/growth-in-global-oil-demand-is-set-...