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nba比分竞猜网:Information on our low carbon ambitions

We have set out our low carbon ambitions of reducing emissions in our operations, improving our products and creating low carbon businesses. Here is information on each of the targets and aims that support our ambitions

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This is just the latest step in our 20-plus year journey – but a significant one, and one we plan to build on in the years to come.

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We'll review our targets and aims regularly so we can keep them up-to-date with changes in our portfolio, protocols and other factors.

Reducing emissions – heading
Operational emissions – graphic

Zero net growth in our operational emissions out to 2025

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We’ll offset any increase in our operational emissions above 2015 levels that’s not covered by our sustainable reductions activity. This means that, out to 2025, we’ll have no net increase in our carbon footprint, even as our production grows.

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  • We have chosen 2015 as the base year for this target, to align with the date of the historic Paris agreement.
  • This target applies to the greenhouse gas emissions we report within our operational control boundary. That’s because this is where we have the highest ability to control and influence.
  • We include direct emissions (scope 1) in this metric.

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We consider carbon offsetting a valuable supplement to our own emissions reduction activities and is essential for reaching the Paris goals. It is an effective, flexible and low-cost way for society to reduce global greenhouse gas emissions. In particular, natural carbon solutions through land use and forestry can deliver large scale emissions reductions.

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For more information, see?Carbon offsetting?

GHG emissions reductions – graphic

3.5 million tonnes of sustainable GHG emissions reductions by 2025

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Our operating businesses will deliver this through improved energy efficiency, fewer methane emissions and reduced flaring – all leading to permanent, quantifiable GHG reductions. We only count a sustainable emissions reduction in the year it occurs, but we expect to get the benefit of the reduction every year after that.

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  • We have chosen the end of 2015 as the starting point, to align with the date of the historic Paris agreement.
  • This target applies to greenhouse gas emissions we report within our operational control boundary. That’s because this is where we have the highest ability to control and influence.
  • We include direct and indirect emissions (scope 1 and 2) in this metric.

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For more information, see?Limiting emissions

Targeting methane intensity – graphic

Targeting a methane intensity of 0.2%, and holding it below 0.3%

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This target includes the methane emissions from our operations where gas goes to market as a percentage of that gas. In 2017, this accounts for more than 90% of methane emissions from our operated oil and gas assets.

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We don’t include methane emissions that result from gas that is only reinjected, recycled or associated with assets where BP doesn’t produce the gas.

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  • This target applies to methane emissions we report within our operational control boundary. That’s because this is where we have the highest ability to control and influence.
  • We include direct emissions (scope 1) in this metric.

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For more information, see?Tackling methane

Improving our products – heading
Lower emissions gas – graphic

Provide lower emissions gas
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We are pursuing or considering lower emission opportunities across the various stages of the gas value chain. This could include:

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  • Production – efforts such as the use of low bleed pneumatics, energy efficiency, flaring reduction and carbon capture, utilization and storage to reduce methane and other GHG emissions in our operations.
  • Supply – ways to lower the fugitive and combustion emissions during the transportation and use of gas.
  • Our products – investment into products such as biogas – which is renewable gas from food and agricultural waste – and hydrogen.

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For more information on our activities, see?Natural gas

Develop more efficient fuels – graphic

Develop more efficient and lower carbon fuels, lubricants and petrochemicals

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We are improving our products to help consumers lower their emissions. We provide customers with fuel for transport, energy for heat and light, lubricants to keep engines moving and the petrochemicals products used to make everyday items as diverse as paints, clothes and packaging.

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Many of our products and services have been accredited with our Advancing Low Carbon programme.

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For more information, see?bp.com/advancinglowcarbon

Lower carbon offers – graphic

Grow lower carbon offers for customers
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We have carbon offsetting programmes to enable individuals and business customers reduce their carbon footprint.

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We’ve developed more than 20 carbon neutral products and services through the use of advanced technology and our Target Neutral offsetting programme.

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We’re also looking at ways to help our national partners navigate the energy transition – through our natural gas, renewables, solar and offsetting businesses.

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For more information, see?bp.com/targetneutral

Creating low carbon businesses – heading
Expand low carbon businesses – graphic

Expand low carbon and renewable businesses
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BP has been in the renewables business for more than 20 years – we’re one of the largest operators among our peers and we’re expanding as we see more opportunities. Our focus areas are biofuels, biopower, wind and solar.

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We also plan to invest around $200 million every year to help incubate and grow lower carbon solutions. We?are doing this so we can learn fast and scale up where we can. Our focus areas are carbon management; advanced mobility; bio and low carbon products; digital transformation; and low carbon power and storage.

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For more information, see?Renewable energyand?Low carbon ventures and start-ups

Investment – graphic

$500 million invested in low carbon activities each year

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Our near-term plan is to allocate at least $500 million of expenditure a year for lower carbon start-ups, ventures and renewables. We view these activities as core to our strategy – with the potential to make a real contribution to our future.

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The $500 million includes the $200 million for low carbon solutions with the balance going towards our?renewables businesses and acquisitions. This does?not include money spent on operational emissions reduction activities and research into more efficient products and operations.

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For more information, see?Renewable energyand?Low carbon ventures and start-ups

OGCI research fund – graphic

Collaborate and invest in OGCI’s $1 billion fund for research and technology

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The Oil and Gas Climate Initiative – currently chaired by BP’s group chief executive Bob Dudley – brings together 10 oil and gas companies working to reduce the GHG emissions from our industry’s operations and the use of our products.

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Their $1billion fund invests in promising technologies and business models that have the potential to significantly reduce greenhouse gas emissions. Their?areas of focus are carbon capture, usage and storage; reducing methane emissions; reducing transport emissions; and improving energy efficiency in industry.

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Find out more at?www.oilandgasclimateinitiative

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