The oil industry should engage with proponents of the 'Green New Deal,' a Democratic initiative seeking to radically reduce U.S. dependence on ...
HOUSTON: The oil industry should engage with proponents of the"Green New Deal," a Democratic initiative seeking to radically reduce U.S. dependence on fossil fuels, BP Chief Executive Officer Bob Dudley said on Tuesday .
Burning of oil and gas accounts for the majority of greenhouse gas emissions blamed for climate change, rising sea levels and severe storms. But U.S. rivals Exxon Mobil and Chevron have made fewer investments in clean energy in recent years, drawing growing pressure from investors and climate activists."Our focus has to be on developing an energy system that is cleaner, better and kinder to the planet," Dudley, a U.S. citizen, said.
"It means improving the dialogue we have with policymakers around the world, including those behind the Green New Deal," Dudley said.
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