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Stock impact report

GRAPHIC-Europe's energy giants turn greener, but paths and targets diverge [Reuters (UK)]

BP p.l.c. (BP) 
Last bp p.l.c. earnings: 4/29 04:01 pm Check Earnings Report
Company Research Source: Reuters
Europe's energy giants turn greener, but paths and targets diverge - Reuters 3 Min Read LONDON (Reuters) - Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope and detail, making them hard for investors to compare. Graphic: European oil companies - share of global consumption - here Many climate ambitions among oil majors relate to results three decades into the future and depend on carbon offsets, whose availability is finite, and carbon capture and storage, a technology not currently deployed at commercial scale. What does this mean, say, for the carbon footprint of a car driver at a petrol station? If we take BP as an example, emissions from its own barrels, from wellhead to passenger car exhaust, amount to around 415 million tonnes of carbon dioxide equivalent a year. BP says it will reduce these emissions - roughly the same as Britain’s annual emiss Show less Read more
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