BP plc · LSE:BP.
BP — ESG Presentation (October 2001)
12 slides from BP's sustainability presentation, Oct 1, 2001
Slide 1: Charles Nicholson, 1st Oct 2001 – Chatham House
Charles Nicholson 1st Oct 2001 – Chatham House
Slide 2: Long Run Energy Demand
Long Run Energy Demand
Slide 3: Long Run Energy Demand: World Consumption 1999
Long Run Energy Demand World Consumption 1999 Oil Gas Coal Nuclear Hydro/Renewables Source: EIA International Energy Outlook 2001
Slide 4: World Consumption Trends
Long Run Energy Demand World Consumption Trends 250 Oil Gas Coal 200 Nuclear Hydro/Renewables Indexed to 1990 150 100 50 1990 1995 2000 2005 2010 2015 2020 Source: EIA World Energy Outlook 2001
Slide 5: World Consumption by Region
Long Run Energy Demand World Consumption by Region 300 History Projections 250 200 Industrialised Quadrillion Btu 150 Developing 100 50 EE/FSU 0 1970 1980 1990 2000 2010 2020 Source: EIA World Energy Outlook 2001
Slide 6: Summary
Long Run Energy Demand Summary > Demand for energy will continue to grow, linked closely to population growth and economic activity > Growth will be fastest in the developing world and weakest in Eastern Europe / FSU > Policies will influence the distribution of energy demand and the rate of uptake
Slide 7: World Carbon Emissions by Region
Long Run Energy Demand World Carbon Emissions by Region 12 Industrialised Million Metric Tons Carbon Equivalent 10 Developing EE/FSU 8 World 6 4 2 0 1990 1999 2010 2020 Source: EIA World Energy Outlook 2001
Slide 8: What the Group has committed to deliver
What the Group has committed to deliver Two commitments to the outside world 10% reduction in greenhouse gases from 1990 level by 2010 (on an equity share and direct basis) Group wide trading by January 2000 “In our terms that target will now sit alongside our financial targets. That means it is
Slide 9: GHG Reductions – Progress to date
GHG Reductions – Progress to date 100 95 90 85 CO2 Equiv (MT) 80 75 70 65 60 55 50 1990 1998 1999 2000 base Currently 7% below 1990 adjusted baseline
Slide 10: Examples of GHG reduction projects in 2000
Examples of GHG reduction projects in 2000 US Western Gas - Conversion of well control systems gas savings of over 430,000 metric tons increase in the volume of natural gas available for sale Texas City Complex - holistic approach to energy management efficiency gains equating to a 150,000 t/y savin
Slide 11: Emissions Trading - Purpose
Emissions Trading - Purpose Tool to lower cost of delivering the 10% GHG emissions reduction target Provide a suitable example for the development of regulatory emission trading initiatives (simple, transparent, equitable, effective and credible) Learn through practical engagement
Slide 12: Trading System – Summary
Trading System – Summary Jan-2000: Trading System Launched 2.7 M tn traded in 2000 Average price: $7.60/tn Range 0.5-16.5 $/tn 2001 - +1 M tn traded Range – 15-20 $/tn !!