A massive hydrogen project at the heart of Ed Miliband’s net zero plans risks being cancelled as BP retreats from green ...

The 1.2GW project was set to produce hydrogen from natural gas and capture associated emissions, contributing heavily to the ...

In the past 12 months, hundreds of businesses have seen their targets removed from net-zero dashboards and some companies ...

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 ...

BP’s carbon-cutting target, announced in 2020 ... opportunity” and confirmed that the company still wants to meet net-zero carbon emissions by 2050. BP’s change of strategy is facing ...

“We will be engaging BP to publish a comprehensive transition plan that details how it will achieve its 2050 net zero target covering its new strategy and a post-2030 plan and put it to a vote at the ...

In a statement titled “Reset BP,” the company said it will reduce its spending on net zero transition businesses ... or even make it a takeover target. The influential U.S. hedge fund Elliott ...

Last year, the London-listed firm eased that target to a 25% cut by 2030. It is sticking with its goal to achieve net zero emissions by 2050, the report said. BP Says Direction of Focus Remains ...

Murray Auchincloss, BP’s chief executive, will set out a new company strategy on February 26 BP shares have surged after it emerged that activist hedge fund Elliott has built a stake in the oil ...

Colin Baines, stewardship manager at Border to Coast, said the pool would call on BP to publish a comprehensive transition plan detailing how it would achieve its 2050 net-zero target, and put this ...

The importance of accountability in moving towards net-zero Net-zero ambitions and targets have come under a lot of scrutiny over the past few years. While many companies pledge to become carbon ...

Over the last decade and a half, a standard form has emerged in which governments and corporations have made their promise to do so: the net-zero target. This is generally a voluntarily self ...