Every business must have a plan for when net emissions are zero

24 May 2019

 

Myles Allen and Cameron Hepburn's letter in the Financial Times.

In response to news that BP’s shareholders refused to support a second resolution demanding targets on emissions from its products, Myles Allen and Cameron Hepburn write that, to be credibly aligned with the Paris agreement, BP would need to recognise that consistency with the Paris agreement on climate change requires net-zero emissions globally. The company needs to set out a plausible and profitable business model for the company in a net-zero emissions world, and set out the steps it will take to get there.

Read the full letter in the Financial Times.

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