BP released Aug. 4 their strategy for transitioning from an “oil” company to an “integrated energy” company, including a 10-fold increase in low carbon investment by 2030 and reducing operational emissions 30-35% before 2030.The energy company plans to focus on three main areas of sustainability: low carbon electricity and energy, convenience and mobility and resilient and focused hydrocarbons. They plan to partner with 10-15 cities and three core industries in decarbonization efforts by 2030 and to increase their annual low carbon investment to around $5 billion a year.

Read more:  http://www.smartenergydecisions.com/blog/2020/08/05/bp-targets-sustainability-overhaul-of-operations?contact_id=150459&inf_contact_key=c2ca6c84d0cd6c31671632ae8d2cfd4716358d5485884e2f31e6019a0d26c8b0

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