BP Stresses Need for Carbon Tax

Posted February 18, 2015 at 6:00am

BP CEO Bob Dudley “drew attention to the need to shift toward incorporating more climate change policies into the global energy outlook on Tuesday,” The Hill reports.  

“Dudley called for a price on carbon in the company’s release of its “Energy Outlook 2035″ report to help get industrial sources on board in the fight against climate change. To stave off the 2 degree Celsius increase, and cut carbon emissions further, BP said, it will require ‘additional significant steps by policy makers beyond the steps already assumed.'”