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BP leaps to front of pack with new emissions plan

Bernard Looney says the company can reach net zero carbon emissions by 2050 and halve the carbon intensity of all products it sells by then
February 12, 2020

BP (BP.) wants to prove the green in its corporate colours is not just for show. The supermajor, long seen as lagging in attempts to cut emissions compared with peers, has committed to reaching net zero carbon emissions by 2050 in new chief executive Bernard Looney’s first week in the job, while maintaining free cash flow and shareholder payouts.

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