LONDON—BP PLC pledged to reduce its net carbon emissions to zero by 2050 and restructure its oil-focused businesses to better navigate a transition to other fuels—a dramatic, if vague, promise by one of the world’s biggest energy companies amid investor and consumer pressure over fossil fuels. The goal is the latest in a series of commitments, made over decades, by big oil companies to reduce emissions. While bold in ambition, BP didn’t provide details about how it expects to accomplish the goal, or how much it will cost....

Source: Wall Street Journal February 12, 2020 14:21 UTC