BP’s lobbying for gas shows rifts over path to net-zero emissions

Published by
Reuters

By Shadia Nasralla, Simon Jessop and Kate Abnett LONDON/BRUSSELS (Reuters) – Oil major BP has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the transition to a lower-carbon world. The European Commission – aiming to reach net-zero greenhouse gas emissions by 2050 – had planned to omit gas-fuelled power plants from a new list of investments that can be marketed as sustainable, but delayed the decision last month following complaints from some countries and companies. Brita…

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