{"id":14311,"date":"2020-08-19T07:19:00","date_gmt":"2020-08-18T19:19:00","guid":{"rendered":"https:\/\/www.greenpeace.org\/new-zealand\/?p=14311"},"modified":"2024-07-12T12:44:10","modified_gmt":"2024-07-12T00:44:10","slug":"bp-oil-update-2020","status":"publish","type":"post","link":"https:\/\/www.greenpeace.org\/aotearoa\/story\/bp-oil-update-2020\/","title":{"rendered":"One of the world\u2019s biggest oil companies has promised to produce much less oil. Here\u2019s what you need to know."},"content":{"rendered":"\n<p><strong>BP\u2019s new plan could be a real breakthrough in the fight against the climate crisis. This isn\u2019t the end of the story, but it might be the start of a new chapter.<\/strong><\/p>\n\n<p>On August 4th 2020,&nbsp;the fossil fuel giant&nbsp;<a href=\"https:\/\/www.greenpeace.org.uk\/news\/bp-to-cut-oil-and-gas-production-by-40-by-2030\">BP announced it will slash its oil and gas production<\/a>&nbsp;and ramp up its renewable energy business over the next 10 years.<\/p>\n\n<p>By 2030, BP says it will:<\/p>\n\n<ul class=\"wp-block-list\"><li>Produce 40% less oil and gas.<\/li><li>Generate 20 times more renewable energy.<\/li><li>Invest 10 times more in low-carbon technology.<\/li><\/ul>\n\n<p>Let\u2019s be clear: BP is still a fossil fuel company. Even if you ignore the troubling small-print in BP\u2019s plans (more on that below), fossil fuels are still the problem. And given BP\u2019s history of making big green promises that never come to anything (\u2018<a href=\"https:\/\/www.forbes.com\/sites\/scottcarpenter\/2020\/08\/04\/bps-new-renewables-push-redolent-of-abandoned-beyond-petroleum-rebrand\/\">Beyond Petroleum\u2019, anyone<\/a>), you\u2019d be right to feel sceptical about this.&nbsp;<\/p>\n\n<p>But this is the first time&nbsp;<em>ever<\/em>&nbsp;that a major oil company has committed to keeping oil and gas in the ground. There\u2019s loads more BP and the rest of the oil industry still needs to change, but if we can hold them to these promises, this will be a real step forward in our fight against the&nbsp;<a href=\"https:\/\/www.greenpeace.org\/aotearoa\/story\/how-climate-change-made-the-melting-of-new-zealands-glaciers-10-times-more-likely\/\">climate crisis<\/a>.&nbsp;<\/p>\n\n<h2 class=\"wp-block-heading\">Progress doesn\u2019t just happen<\/h2>\n\n<p>In recent years, we\u2019ve seen the early stages of climate breakdown ruin millions of lives. But for way too long BP and other oil companies have tried to carry on like this crisis doesn\u2019t exist.&nbsp;<\/p>\n\n<p>And they didn\u2019t just&nbsp;<a href=\"https:\/\/www.greenpeace.org.uk\/news\/3-reasons-why-its-right-to-call-bp-a-climate-change-criminal\/\">keep digging, drilling and polluting<\/a>&nbsp;in the face of the unfolding emergency. They\u2019ve used their PR clout and&nbsp;<a href=\"https:\/\/www.greenpeace.org.uk\/news\/bp-lobbied-trump-to-weaken-environmental-checks\/\">political influence<\/a>&nbsp;to delay meaningful climate action, sacrificing whole communities and habitats in their pursuit of profit.<\/p>\n\n<figure class=\"wp-block-image size-large  caption-style-blue-overlay caption-alignment-center\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"768\" src=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-1024x768.jpg\" alt=\"11 workers died and millions of barrels of crude oil gushed into the Gulf of Mexico during the BP Deepwater Horizon disaster \u2013 the worst oil spill in United States history. \u00a9 The United States Coast Guard\" class=\"wp-image-14312\" srcset=\"https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-1024x768.jpg 1024w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-600x450.jpg 600w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-768x576.jpg 768w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-1536x1152.jpg 1536w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-1821x1366.jpg 1821w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1-453x340.jpg 453w, https:\/\/www.greenpeace.org\/static\/planet4-aotearoa-stateless\/2020\/08\/5484e7d6-gp021e7_pressmedia-2000x1500-1.jpg 2000w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption>11 workers died and millions of barrels of crude oil gushed into the Gulf of Mexico during the BP Deepwater Horizon disaster \u2013 the worst oil spill in United States history. \u00a9 The United States Coast Guard<\/figcaption><\/figure>\n\n<p>But they\u2019ve done all this under relentless pressure from people all over the world, including Greenpeace supporters, volunteers and activists. Thanks to people like you, BP\u2019s recklessness has been challenged at every turn:&nbsp;<a href=\"https:\/\/www.standard.co.uk\/news\/london\/greenpeace-activists-march-through-london-carrying-inflatable-sea-creatures-to-protest-against-bp-a3616146.html\">on the streets<\/a>, in the media,&nbsp;<a href=\"https:\/\/www.greenpeace.org.uk\/news\/the-court-case-that-could-spoil-bps-north-sea-oil-drilling-plans\/\">in the courts<\/a>, and in the corridors of power. Now that pressure is starting to work.<\/p>\n\n<p>For years, people campaigning against oil companies have been mocked or abused for speaking out. Some were even&nbsp;<a href=\"https:\/\/www.greenpeace.org.uk\/news\/we-will-not-be-silenced-greenpeace-boss-in-court-as-bps-rig-operator-seeks-jail-and-unlimited-fines-over-rig-protest\/\">arrested<\/a>&nbsp;or attacked. But together we kept going, inspired by each other, and energised by love for our shared home.<\/p>\n\n<p>Greenpeace is just one part of this wider movement. But we can all be proud of the part we\u2019ve played. Let\u2019s look back at some of the highlights:<\/p>\n<div data-render=\"planet4-blocks\/gallery\" data-attributes=\"{&quot;attributes&quot;:{&quot;multiple_image&quot;:&quot;14313,14314,14315,14316&quot;,&quot;image_data&quot;:[{&quot;url&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia.jpg&quot;,&quot;focalPoint&quot;:{&quot;x&quot;:0.5,&quot;y&quot;:0.5},&quot;id&quot;:14313},{&quot;url&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia.jpg&quot;,&quot;focalPoint&quot;:{&quot;x&quot;:0.5,&quot;y&quot;:0.5},&quot;id&quot;:14314},{&quot;url&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia.jpg&quot;,&quot;focalPoint&quot;:{&quot;x&quot;:0.5,&quot;y&quot;:0.5},&quot;id&quot;:14315},{&quot;url&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia.jpg&quot;,&quot;focalPoint&quot;:{&quot;x&quot;:0.5,&quot;y&quot;:0.5},&quot;id&quot;:14316}],&quot;gallery_block_style&quot;:0,&quot;gallery_block_title&quot;:&quot;&quot;,&quot;gallery_block_description&quot;:&quot;&quot;,&quot;gallery_block_focus_points&quot;:&quot;&quot;,&quot;images&quot;:[{&quot;image_src&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia.jpg&quot;,&quot;image_srcset&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia.jpg 2500w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia-600x400.jpg 600w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia-1024x683.jpg 1024w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia-768x512.jpg 768w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia-1536x1024.jpg 1536w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia-2048x1366.jpg 2048w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/6fa96a18-gp0stpup7_pressmedia-510x340.jpg 510w&quot;,&quot;image_sizes&quot;:false,&quot;alt_text&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Greenpeace activists climb the British Museum in protest at BP\\u2019s sponsorship of a new exhibition \\u2018Sunken Cities\\u2019. The climbers unfurl seven huge banners down the front columns of the British Museum. The banners carry the names of cities and regions struck by flooding and climate change disasters.&quot;,&quot;focus_image&quot;:&quot;&quot;,&quot;credits&quot;:&quot;&quot;},{&quot;image_src&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia.jpg&quot;,&quot;image_srcset&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia.jpg 2500w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia-600x400.jpg 600w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia-1024x683.jpg 1024w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia-768x512.jpg 768w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia-1536x1024.jpg 1536w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia-2048x1366.jpg 2048w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/52b9a869-gp0str004_pressmedia-510x340.jpg 510w&quot;,&quot;image_sizes&quot;:false,&quot;alt_text&quot;:&quot;&quot;,&quot;caption&quot;:&quot;30 Greenpeace volunteers bring a parade of a dozen giant tropical sea creatures to BP\\u2019s head office in London, to protest their plans to drill for oil near the Amazon Reef.\\nThe procession swam down the Mall, around Trafalgar Square and then Piccadilly to St James\\u2019s Square, where the oil company is based. They delivered a petition with over a million signatures asking BP not to drill near the reef, along with a map to show the company where the reef is. The parade included four metre long tropical fish and jellyfish.&quot;,&quot;focus_image&quot;:&quot;&quot;,&quot;credits&quot;:&quot;&quot;},{&quot;image_src&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia.jpg&quot;,&quot;image_srcset&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia.jpg 2499w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia-600x399.jpg 600w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia-1024x681.jpg 1024w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia-768x511.jpg 768w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia-1536x1022.jpg 1536w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia-2048x1363.jpg 2048w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/4575c6aa-gp0stsqi6_pressmedia-510x340.jpg 510w&quot;,&quot;image_sizes&quot;:false,&quot;alt_text&quot;:&quot;&quot;,&quot;caption&quot;:&quot;A student-led flotilla including kayaks, sailboats, paddle boards, and surfboards set sail in Apollo Bay Harbour to send a message to oil companies that they are not welcome to drill in the Great Australian Bight.\\nThe flotilla was organised by a 15-year-old student from nearby Apollo Bay College. \\nThe event coincided with the Rainbow Warrior&#039;s visit to the town, as part of the Making Oil History ship tour. Over the coming months, the Rainbow Warrior will investigate, document, and showcase Australia\\u2019s most unsung treasure - Great Australian Bight - to the entire country and the rest of the world in preparation for the battle against oil drilling.&quot;,&quot;focus_image&quot;:&quot;&quot;,&quot;credits&quot;:&quot;&quot;},{&quot;image_src&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia.jpg&quot;,&quot;image_srcset&quot;:&quot;https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia.jpg 2500w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia-600x337.jpg 600w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia-1024x575.jpg 1024w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia-768x432.jpg 768w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia-1536x863.jpg 1536w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia-2048x1151.jpg 2048w, https:\\\/\\\/www.greenpeace.org\\\/static\\\/planet4-aotearoa-stateless\\\/2020\\\/08\\\/55752e5b-gp0sttfjy_pressmedia-510x287.jpg 510w&quot;,&quot;image_sizes&quot;:false,&quot;alt_text&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Greenpeace climbers on BP oil rig in Cromarty Firth, Scotland.\\nThe rig is the &#039;Paul B Loyd Jr&#039;, owned by Transocean, and on its way to the Vorlich field where it was to be drilling new oil wells, operated by BP, paying \\u00a3140,000 a day for its use. BP is the operator, Transocean the owner, the same as the Deepwater Horizon.&quot;,&quot;focus_image&quot;:&quot;&quot;,&quot;credits&quot;:&quot;&quot;}]}}\"><\/div>\n<h2 class=\"wp-block-heading\">BP is still part of the problem \u2013 here\u2019s what they need to do next<\/h2>\n\n<p>BP not only needs to keep these new promises \u2013 they need to go further and faster. To make their plan really effective, there are three main things they need to fix.<\/p>\n\n<h3 class=\"wp-block-heading\">Close the loopholes<\/h3>\n\n<p>BP has done a bit of creative accounting to make their task easier. For example, their planned 40% cut in production&nbsp;<a href=\"https:\/\/www.greenpeace.org.uk\/news\/bp-to-cut-oil-and-gas-production-by-40-by-2030\">doesn\u2019t include companies that BP part-owns<\/a>, like Russian national oil firm Rosneft. BP\u2019s stake in Rosneft makes up a huge chunk of its oil and gas production, so for its commitment to be meaningful, BP needs to close these loopholes.<\/p>\n\n<h3 class=\"wp-block-heading\">Focus on the real solutions.<\/h3>\n\n<p>Some of BP\u2019s ideas for solving the climate crisis are\u2026 not great. They\u2019re&nbsp;<a href=\"https:\/\/www.bp.com\/en\/global\/corporate\/news-and-insights\/press-releases\/bp-announces-major-expansion-in-renewable-energy-with-bunge-in-brazil.html\">pushing biofuels<\/a>, for example, which cause deforestation. They also think we should make hydrogen (which could be an important green energy source) from fossil fuels, rather than from clean electricity. They need to drop these distractions from the real solutions and get behind technologies that\u2019ll actually fix the problem. And if their plans include lots of carbon storage or carbon offsetting projects, we\u2019ll make sure they know these dangerous distractions won\u2019t fly.<\/p>\n\n<h3 class=\"wp-block-heading\">Sell less fuel<\/h3>\n\n<p>BP doesn\u2019t just sell oil from its own oil wells. In fact, your local BP petrol station sells fuel produced by lots of different companies. If BP doesn\u2019t cut emissions from oil sales as well as production, they could end up just moving the problem around.<\/p>\n\n<h2 class=\"wp-block-heading\">Your move, Shell<\/h2>\n\n<p>BP\u2019s announcement could have a huge influence on the rest of the oil industry, especially if they can fix these problems. If all the big oil companies made similar plans \u2013 and stuck to them \u2013 we\u2019d boost our chances of keeping the worst climate impacts at bay.<\/p>\n\n<figure class=\"wp-block-embed-twitter wp-block-embed is-type-rich is-provider-twitter\"><div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\"><p lang=\"und\" dir=\"ltr\">&#8230; <a href=\"https:\/\/twitter.com\/Shell?ref_src=twsrc%5Etfw\">@Shell<\/a> \ud83d\udc40 <a href=\"https:\/\/t.co\/qpp7B1LbN5\">https:\/\/t.co\/qpp7B1LbN5<\/a><\/p>&mdash; Greenpeace UK (@GreenpeaceUK) <a href=\"https:\/\/twitter.com\/GreenpeaceUK\/status\/1290617945543106567?ref_src=twsrc%5Etfw\">August 4, 2020<\/a><\/blockquote><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>\n<\/div><\/figure>\n\n<p>So our&nbsp;eyes will be on Shell \u2013 and the rest of the oil industry \u2013 to start taking the climate emergency seriously.&nbsp;<\/p>\n\n<p>This isn\u2019t the end of the story, but it could be the start of a new chapter. Let\u2019s use this unexpected ray of hope to light up the path ahead.<\/p>\n<div class=\"EmptyMessage\">Block content is empty. Check the block&#8217;s settings or remove it.<\/div>","protected":false},"excerpt":{"rendered":"<p>BP\u2019s new plan could be a real breakthrough in the fight against the climate crisis. This isn\u2019t the end of the story, but it might be the start of a&hellip;<\/p>\n","protected":false},"author":6,"featured_media":14316,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_planet4_optimize_post_is_variant":false,"_planet4_optimize_experiment_name":"","_planet4_optimize_variant_name":"","ep_exclude_from_search":false,"p4_og_title":"One of the world\u2019s biggest oil companies has promised to produce much less oil. Here\u2019s what you need to know,","p4_og_description":"","p4_og_image":"","p4_og_image_id":"","p4_seo_canonical_url":"","p4_campaign_name":"People vs. Oil","p4_local_project":"ENERGY End oil exploration","p4_basket_name":"Oil","p4_department":"Programme","footnotes":""},"categories":[10],"tags":[26],"p4-page-type":[6],"class_list":["post-14311","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-greenpeace","tag-oil-and-gas","p4-page-type-story"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v26.8) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>One of the world\u2019s biggest oil companies has promised to produce much less oil. Here\u2019s what you need to know.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.greenpeace.org\/aotearoa\/story\/bp-oil-update-2020\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"One of the world\u2019s biggest oil companies has promised to produce much less oil. Here\u2019s what you need to know.\" \/>\n<meta property=\"og:description\" content=\"BP\u2019s new plan could be a real breakthrough in the fight against the climate crisis. 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