A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green targets. The H2Teesside scheme, announced in 2021 by the company’s then ...

BP’s Teesside scheme had been slated to deliver more than 10pc of Ed Miliband’s hydrogen production target - Wiktor Szymanowicz/Future Publishing via Getty Images ...

British oil and gas supermajor BP is expected to announce today its decision to scrap a previous target to ramp up renewable generation capacity 20-fold by 2030, returning instead to a focus on ...

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses by $5 billion ... flies in the face of legal climate targets, and with the renewables ...

BP to Slash Spending on Net Zero Ventures as It Focuses on Oil and ... flies in the face of legal climate targets, and with the renewables sector growing exponentially is a big risk to the ...

ENERGY giant BP has axed its green targets and shifted back to oil and gas — admitting that its move to Net Zero was “misplaced”. The firm has scaled back investment in renewable projects by ...

In 2020, BP won the praise of environmental groups after launching some of the most ambitious green targets among the fossil fuel giants. Those included cutting oil and gas production by 40% by 2030, ...

We spoke to Camilla Born, who advised the government on the COP26 summit and is now the boss of Electrify Britain.

The net-zero targets that have actually been adopted display a surprisingly wide variety in terms of their substance: some refer to all greenhouse gas emissions, and others only to carbon dioxide ...