Is the Era of Net Zero Pledges Coming to an End?

Just a few short years ago BP proudly told us they were embarking on a journey – and I quote – “in support of our purpose to reimagine energy for people and our planet, and our ambition to become a Net Zero company by 2050 or sooner and help the world get to Net Zero.”This week, the oil giant revealed a sizeable slump in profits and its new chief executive had vowed to deliver “a fundamental reset”.So what’s going on? Is Net Zero falling out of fashion?As recently as 2020 BP’s annual report was dripping…