BP boss widens transatlantic rift in energy industry over climate change

BP boss widens transatlantic rift in energy industry over climate change

BP has threatened to widen a rift between European and US oil companies over how to respond to global warming by urging political leaders to deliver a “substantial” deal at international climate change talks later this year.

Bob Dudley, chief executive of the British oil and gas group, said the United Nations global warming summit in December needed to broker agreements that encourage energy efficiency, renewable power such as wind and the use of gas. Such moves are considered vital if global governments are to succeed in keeping the Earth’s temperatures from rising more than 2C, the internationally agreed threshold to prevent widespread flooding, famine and desertification.

Asked what he wanted to see from the UN conference in Paris, Dudley said:

Something substantial needs to be done. We are conscious of that ... we encourage policymakers to move forward on this when they meet in December.”

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Somerville said:

This should inspire some 'interesting' words. European energy companies are in favor of a carbon tax, unlike US-based fossil fuel corporations



Apparently, European based corporations have more of a propensity towards looking to the future than American companies

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