our australian energy market operator says it will fall a further 34%. so you ve had a crash upon a crash. the reason for this is we re moving towards more renewables. clean energy now generates more than a third of australia s electricity. big companies are also looking at ways to become greener and use less power. innovation is a fundamental part of australia s efforts to tackle global warming. at this treatment facility near sydney, algae is being used to reduce levels of pollution in waste water that comes from nearby towns. it s far less energy intensive than traditional methods. sydney water has an aspiration to be carbon net zero by 2030 and across our entire supply chain by 2040. our customers are telling us that they want us to be carbon neutral.
it right bp, do you feel they have got it rich- ., , bp, do you feel they have got itriuh- ., m ., it right right now, is bernard looney doing it right right now, is bernard looney doing it it right right now, is bernard looney doing it right - it right right now, is bernard looney doing it right now? l it right right now, is bernard | looney doing it right now? in the market we are in right now, given the risk that russia poses, etc. given the risk that russia poses. etc- given the risk that russia poses, etc. he has it 10096 riuht. poses, etc. he has it 100% right- and poses, etc. he has it 10096 right- and i poses, etc. he has it 10096 right. and i would - poses, etc. he has it 10096 right. and i would also - poses, etc. he has it 10096 right. and i would also like poses, etc. he has it 10096. right. and i would also like to say that to bp where the first oil company saying, look, we need to move beyond petroleum. remember that? need to move beyond petroleum. rememberthat?
it is fundamentally important for us that we make investments such as the macroalgae trial for an energy intensive organisation such as sydney water to lead the way in carbon net zero. australia has a target to reach net zero emissions by 2050, but coal and gas still generate much of its energy. the switch to renewables is unstoppable, but a nagging question remains, is the transition happening fast enough? phil mercer, bbc news, sydney. in just over an hour s time, bp will be announcing its first quarter results. analysts are expecting the oil giant to show some healthy profits, as energy firms continue to benefit from soaring prices. last year the company announced annual profits ofjust over 40 billion dollars, which is the highest in its 115 year history. so what s in store today?
at this treatment facility near sydney, algae is being used to reduce levels of pollution in waste water that comes from nearby towns. it s far less energy intensive than traditional methods. sydney water has an aspiration to be carbon net zero by 2030 and across our entire supply chain by 2040. our customers are telling us that they want us to be carbon neutral. it is fundamentally important for us that we make investments such as the macroalgae trial for an energy intensive organisation such as sydney water to lead the way in carbon net zero. australia has a target to reach net zero emissions by 2050, but coal and gas still generate much of its energy. the switch to renewables is unstoppable, but a nagging question remains is the transition happening fast enough?
clean energy now generates more than a third of australia s electricity. big companies are also looking at ways to become greener and use less power. innovation is a fundamental part of australia s efforts to tackle global warming. but this treatment facility near sydney, algae is being used to reduce levels of pollution in waste water that comes from nearby towns. it s far less energy intensive than traditional methods. sydney water has an aspiration to be carbon net zero by 2030 and across our entire supply chain by 2040. our customers are telling us that they want us to be carbon neutral. it is fundamentally important for us that we make investments such as the macroalgae trial for an energy intensive organisation such as sydney water to lead the way in carbon net zero. australia has a target to reach net zero emissions by 2050, but coal and gas still generate much of its energy.