BP pledges to go carbon neutral by 2050
Dan Diehl
It always seems like its 30 years out, but I’ll try to take it at face value. BP recently announced that it will reduce its net carbon emissions to zero by 2050. This isn’t the first time BP has pledged to go green. A decade or so ago it rebranded its self as “Beyond Petroleum” and invested in solar and wind energy. It has since moved back to the black gold and invested only 3.2% of its budget last year in renewable energy while the average in their industry invested 7.4%. Sounds like a big about face to me.
The interesting thing about their pledge this time around is that they want to offset not only the carbon from their operations, but also from their products. Their operations produce around 55 million metric tons of carbon equivalent per year and the burning of the oil and gas products they produce emits around 360 million metric tons.
They don’t say how they are going to achieve they goal, but I say more power to them. Let’s just hope they are more successful this time and stick to their pledge. We’ll have to wait 30 years to see how it turns out…
While we wait for BP to change their ways, why not install a solar system on your home or business right now. The solar panels are here today and its something we can do today to make the world a cooler place and keep the snow falling on the Colorado Rockies.