BP GHG Emissions Increase In 2004 - Up 1.6 Million Tons

[hatrack]

BP was forced to defend its environmental policy yesterday after it admitted its own production of greenhouse gases increased last year. The world's second biggest quoted oil producer, and Britain's biggest company, produced more than 85m tonnes of greenhouse gases in 2004 up from 83.4m tonnes in the previous year, according to the company's green report published yesterday. Its output was roughly twice that of Argentina.

The report also showed a dramatic increase in the number of staff sacked for unethical behaviour and a 50% jump in the amount of oil BP spilled, to 5.7m litres.

BP said taking into account a number of disposals its greenhouse gas emissions decreased slightly to 81.7m tonnes, but the figure has been largely unchanged for the past four years. Lord Browne, the chief executive, denied that the company's attempts to cut greenhouse gases had stalled. "We are not struggling, we are absolutely on track," he said.

BP's emissions are lower than those of industry bête noire ExxonMobil, the American oil company that opposes the Kyoto treaty on climate change and last year caused uproar by revealing a 2% increase in emissions to 135.6m tonnes."

EDIT

http://www.guardian.co.uk/business/story/0,3604,1457374,00.html