Home News ‘Why are you not Elon Musk?’: The new boss of an oil-and-gas...

‘Why are you not Elon Musk?’: The new boss of an oil-and-gas titan isn’t leaving clean energy to Tesla

38
0

Elon MuskGetty Images

British oil-and-gas titan BP stated on Wednesday that it intends to lower its overall emissions to net zero and shift investment.
Bloomberg TV anchor Alix Steel asked BP CEO Bernard Looney why he doesn’t leave clean energy to companies like Tesla that can”think out of the box in a particular way” and aren’t”moving a company around that’s 110 years old.”
“Why are you not Elon Musk?” She asked.
“I struggle enough with who I am,” Looney replied.
Visit Business Insider’s homepage for more tales .

Among the world’s biggest oil-and-gas companies declared on Wednesday that it intends to lower its overall fossil-fuel emissions to net zero by 2050, and shift investment away from conventional fuel sources into renewable ones. Tesla CEO Elon Musk’s name quickly came up.

“We are aiming to make absolute reductions to net zero of around 415 million tonnes of emissions — 55 million from our operations, 360 million from the carbon in our upstream production,” Bernard Looney, who eventually became CEO of 110-year-old British energy giant BP this season, stated in a demonstration. See the rest of the narrative at Business Insider

NOW WATCH: A big-money investor in juggernauts such as Facebook and Netflix breaks down the’3rd wave’ firms that are leading the next round of tech disruption

See Also:

Warren Buffett, Bill Gates, and also the rabbit-duck eyebrow: SoftBank’s CEO employed the famous picture to rebrand as a investor‘We’re definitely in a bubble’: A hedge-fund chief overseeing $2 billion explains why he sees that with a 40-60% crash looming — and also a lost decade ahead for shares An investor beating 98 percent of his peers advised us why Tesla’s meteoric rise echoes the right-wing bubble era — and warns it is super-dangerous to buy now

Article Source and Credit feedproxy.google.com http://feedproxy.google.com/~r/businessinsider/~3/WQ8af-Pephc/why-not-elon-musk-bp-wont-cede-clean-energy-tesla-2020-2-1028902028 Buy Tickets for every event – Sports, Concerts, Festivals and more buytickets.com