BP Breaks Ranks, Endorses Carbon Price In Latest Report

Article Abstract:

Current technology, with a boost from alternative energies, will ensure that consumers will have plenty of oil and gas through 2050, no matter how much fuel they consume, according to a new report by British energy giant BP.“Energy resources are plentiful,” David Eyton, the director of technology for BG Group, said Nov. 2 during an event in London to launch BP’s first publication of its annual Technology Outlook. “Concerns over running out of oil and gas have disappeared.”Eyton said there are enough resources to meet…

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