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BBCNEWS World Business Report June 4, 2024 04:51:00

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? ....

All The Way , Carbon Net Zero , Sydney Water , Net Zero Emissions , Bbc News , Energy Transition , Phil Mercer , Oil Giant , Energy Firms , 40 Billion , 140 Billion Dollars ,

BBCNEWS World Business Report June 4, 2024 10:42:00

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? ....

Waste Water , Treatment Facility , Sydney Water , Carbon Net Zero , Supply Chain , Net Zero Emissions ,