Bernard Looney Quotes
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I think it’s very clear to any of us that society wants a different energy solution. Much is made of the difference between the east and the west and the rich and the poor, but no matter where I travel in the world people want clean, reliable, affordable energy.
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Many of the renewable technologies exist, we just need to use them. Where the technologies don’t exist — carbon capture might be an example — the industry is working together through the Oil and Gas Climate Initiative.
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We are a big company — this doesn’t turn on a dime overnight. People are looking for every inconsistency because they don’t trust us. But we have been clear on our ambition. We will exit trade associations, where we simply no longer believe that they are consistent with what we do.
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I think it’s a good question whether we have the right to play in the new world or not.
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I know a lot of people have views on oil and gas companies and our role in the energy transition, I would like to use this platform to talk openly about that and explain the role BP can play, as I believe we share the same concerns and hopes.