BP: Decarbonizing the World's Generation Fleet Will Require More than Renewables

SUGAR LAND, TEXAS--July 8, 2019--Written by John Egan for Industrial Info Resources (Sugar Land, Texas)--In its 68th annual statistical review of world energy, released June 11, executives from BP Plc (NYSE:BP) (London, England) documented the dramatic growth of renewable energy around the world in 2018, but cautioned that wind and solar cannot decarbonize the Power sector all by themselves. To limit the growth of heat-trapping gases like carbon dioxide (CO2), more coal-to-gas switching is needed, along with other measures.

Within this article: Details of BP's annual statistical report.