BP expects higher returns from clean hydrogen investments than renewable energy

Oil major also reveals goal to produce 500,000-700,000 tonnes of mainly green H2 a year by 2030

BP CEO Bernard Looney at the event in London in February 2020 when he announced the company's emissions-reduction targets, which he backtracked on this week.
BP CEO Bernard Looney at the event in London in February 2020 when he announced the company's emissions-reduction targets, which he backtracked on this week.Photo: AFP/Getty
Published 7 February 2023, 15:32Updated 7 February 2023, 16:47
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