Business Fuel & Energy Paid
Global players switch to green energy
19:47
The bp concern limits the production of oil and gas in favor of renewable energy sources. By 2030, it will reduce production by 40 percent, while reducing its emissions by about 1/3. At the same time, it will increase 10-fold spending on investments in renewable energy and low-emission technologies, allocating at least $5 billion annually to them. The new strategy is to transform the company into a modern energy group, and in the long term (until 2050) translate into total zero emission.
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