'It may not be popular ... but that is the reality,' Bernard Looney told CNBC on Monday.
is committed to tackling climate change, the company's CEO said, but he insisted that hydrocarbons such as oil and gas will have an ongoing role to play in the energy mix for years.
He said that replacing coal with natural gas, thereby reducing carbon emissions, "has to be a good thing." A general view of the BP ETAP oil platform in the North Sea around 100 miles east of Aberdeen, Scotland."Over 12 months ago we had less than 10 gigawatts in renewables, today we have a pipeline of over 23 gigawatts. Twelve months ago we had nothing in offshore wind, today we are in the world's largest and fastest growing markets in the U.S. and the U.K. with 3.7 gigawatts.
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