Whatever Happened to “Net Zero”? ...Middle East

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Whatever Happened to “Net Zero”?
source : The New Republic ( Middle East ) () 58
In 2020, BP unveiled a plan to cut oil and gas production 40 percent by 2030 as part of the company’s goal to reach “net-zero” emissions by 2050 or sooner. This February, the company announced it’d instead seek a 25 percent reduction by the end of the decade. Then, on Monday, Reuters reported that BP intends to abandon that pledge altogether and instead expand production in the Middle East and the Gulf of Mexico. BP wasn’t alone in making such a pledge in 2020, although its version was considered more ambitious than the plans put forward by its peers. Four years on, it’s joined the pack of oil and gas producers who’ve dramatically scaled back their more concrete “net-zero” plans. Shell, for

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