BP, Qantas Airways Team Up to Advance Net-Zero Emissions
By Adria Calatayud
BP PLC said late Wednesday that it will become Qantas Airways
Ltd.'s decarbonization strategic partner under an agreement to
advance their shared net zero ambitions.
The U.K. energy major said it will work together with
Australia's biggest airline on opportunities to reduce carbon
emissions in the aviation sector. BP said this is its first
decarbonization partnership in the heavy transportation sector.
The companies will explore projects in areas including advanced
sustainable fuels, advocacy for further decarbonization in the
aviation sector, renewable power solutions and generation, carbon
management and emerging technology, BP said.
Qantas and BP have both set ambitions to achieve net-zero carbon
emissions by 2050, the U.K. company said.
Write to Adria Calatayud at email@example.com
(END) Dow Jones Newswires
January 28, 2021 01:44 ET (06:44 GMT)
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