British Petroleum: Carbon Emissions

(asked on 10th March 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of the feasibility of BP's plans to become net zero by 2050; and if he will make it his policy to encourage other oil companies to set net zero targets.


Answered by
Kwasi Kwarteng Portrait
Kwasi Kwarteng
This question was answered on 19th March 2020

The Government welcomes BP’s new 2050 Net Zero goals for its worldwide business. These should allow the company to make a significant contribution to climate action. It would not, however, be appropriate for the Government to assess the feasibility of BP’s plans given the international and commercial context in which they will be delivered.

More generally, while welcoming the action already being taken to reduce emissions, the Government would encourage the oil and gas sector to build ambitiously on what they are doing. Major and rapid cuts in unabated emissions are essential to meeting global climate goals.

The Government has put the UK at the forefront of global action on climate change and we are determined to build on the leadership we have shown to date, notably through our world-leading net zero target set in UK legislation in June last year. We are determined to use our Presidency of this year’s crucial COP26 climate negotiations to promote ambitious action to deliver the transformational change required by the Paris Agreement.

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