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BP should give substance and meaning to "Beyond Petroleum"

Yesterday Tony Hayward announced that he is stepping down and Bob Dudley will be the new CEO from October. It's a perfect moment to reinvent BP and invest in renewables and "Beyond Petroleum", the initiative started by Lord Browne.

Bob Dudley has some background experience in solar and wind, so the appointment could be promising.  

latest news
DECC lays out six possible futures for low-carbon energy

BusinessGreen, 28 Jul 2010

2050 Pathways Analysis illustrates energy supply and demand trade-offs required over next 40 years.

Efficiency key to 80% carbon reduction

Inside Housing, 28 Jul 2010

The coalition government has promised to improve the energy efficiency of homes as part of plans to reduce emissions by 80 per cent by 2050.
U.K. Carbon Calculator Shows 80% Emissions Reduction Is Achievable By 2050

Bloomberg, 28 Jul 2010

The U.K. Department of Energy and Climate Change announced a “carbon calculator” that shows the country’s goal of reducing greenhouse gas emissions by 80 percent in the six decades through 2050 is achievable.
CFTC Approves Green Exchange Application For Designation As A Contract Market

MondoVisione, 26 Jul 2010

Green Exchange LLC (Green Exchange) announced today that its application for designation as a contract market (DCM) has been approved by the US Commodity Futures Trading Commission (CFTC). The Green Exchange filed its DCM application on April 26, 2010.
Zero footprint living

Everything we do in modern life entails a carbon footprint, and this carries a high cost to our environment.

Our carbon footprint is responsible for global warming, and if it is not drastically cut our planet’s warming will escalate and become irreversible.

Our enormous carbon footprint has become the characteristic of modern times and it is not a model of sustainability.

Much of our carbon footprint is avoidable. Cutting down unnecessary consumption is one way to do this; using greener choices such as public transport, low-energy bulbs and minimising the consumption of transport-intensive goods will also contribute to reduce your carbon footprint.

It is even possible for an individual or a business to achieve a zero carbon footprint. We do not need to give up modern life to achieve this. We can rely on improved technologies to help us produce greener electricity and a low-carbon economy. By recycling and through sensible choices in our consumption we can minimise our footprint.

What remains of it can be completely cancelled out through carbon offsets.

The average person in the UK emits about 11 tonnes of CO2 in a year. It takes roughly about 11 fast-growing trees at tropical latitudes over a tree’s lifetime of about 40-50 years to offset that amount of carbon. Given that the UK population is 60.9 million (as of 2008), one would need to plant about 670 million such trees every year to make the UK a zero carbon footprint country.

Tree planting in such a vast scale would bring wonderful benefits to the global environment, in addition to completely eliminating our carbon footprint.