BP dials back climate pledge amid soaring oil profits

BP dials back climate pledge amid soaring oil profits

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Energy giant BP is scaling back its climate goals just as profits soared to new heights. On Tuesday, the British company said it would reduce carbon emissions in oil and gas production by 20 to 30 percent by 2030, compared to a 2019 baseline. It had previously aimed for a 35 to 40 percent. The…

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