1 / 8

BP/Amoco

BP/Amoco. Drew Stephens Tyler McGrady Andrew Murray. Principal Facts. BP/Amoco posted a $1.4 billion earning last quarter Oil multinationals have enough influence that if applied correctly, then they could seriously cut emissions

semah
Download Presentation

BP/Amoco

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. BP/Amoco Drew Stephens Tyler McGrady Andrew Murray

  2. Principal Facts • BP/Amoco posted a $1.4 billion earning last quarter • Oil multinationals have enough influence that if applied correctly, then they could seriously cut emissions • Have the resources to cut risks and costs, and ultimately cut emissions • BP/Amoco is the second leading oil producing company

  3. Controversies • Combustion of fossil fuels for energy generation and heating account for over half of the greenhouse emissions in industrialized countries • BP/Amoco posted the second biggest earning for oil companies last quarter, something cutting emissions would decrease • “Greenwashing” – BP has been making its image greener, but it maintained many practices that are harmful to the environment

  4. Positions • They have agreed on the Kyoto Protocol • Have agreed on plans for emission reductions and renewable energy sources • First to publicly recognize climate change problem in May 1997 • BP has united with industry associations and partnerships with environmental non-governmental organizations (NGOs) that reflect their beliefs

  5. Interests and Trends • Texaco and Shell have followed suit with BP and Exxon in making attempts to follow the Kyoto Protocol • BP has recently been attempting to create a “Green” image for itself

  6. Opinions • BP has the power to either help or destroy the environment by controlling the amount of oil it produces and by controlling its practices in drilling, processing, and transporting oil • BP should make a strong effort towards making its business as environmentally favorable as possible • It should seek to eliminate oil spills and pipe leaks • It should invest in alternate energy sources to reduce its carbon footprint

  7. Conclusions • BP has the potential to be a reasonably environmentally friendly company • To do this BP must make a significant effort towards reducing its product’s emissions while maintaining the amount of oil it produces • More efficient processes • Alternate energy sources

  8. Works Cited • http://www.bp.com/home.do?categoryId=1 • http://www.guardian.co.uk/commentisfree/2006/jun/13/comment.oil • http://news.nationalgeographic.com/news/2006/03/0320_060320_alaska_oil.html • http://www.uow.edu.au/arts/sts/sbeder/bp.html

More Related