Quote of the day: From Bob Dudley, group chief executive, BP

Bob Dudley comments on the growing climate concerns, the components needed for a net zero world, and why constructive dialogue is essential, as part of the Chatham House corporate leader series

Bob Dudley, group chief executive, BP.
Bob Dudley, group chief executive, BP.

"Zero-carbon heat and power keeping us warm and the lights on, provided largely by renewables and supported by decarbonised gas, including the use of carbon capture use and storage. Streets humming with electric and hydrogen-powered cars and the skies and seas being navigated by planes and ships powered by biofuels and hydrogen. It is a world where people and businesses will have moved away from a throw-away culture and are embracing the circular economy. Where nature's power is harnessed to reduce emissions – through planting trees and nurturing peatlands. And in that UK net-zero world, oil – one of BP's core products today – will likely play a smaller role. Even then, we have to make products cleaner, better and kinder to the planet, by taking the carbon out of hydrocarbons, where you can, and offsetting as necessary. That is a vision I m sure most of us share," says Bob Dudley, group chief executive, BP.

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