Oil Giant Joins Alliance to Save Energy

One of the largest oil companies in the world has joined a U.S. coalition that is committed to promoting energy efficiency.

WASHINGTON, DC, US, 2001-07-26 [SolarAccess.com] One of the largest oil companies in the world has joined a U.S. coalition that is committed to promoting energy efficiency. BP is the first petroleum company to join the Alliance to Save Energy. It was the first oil company in the world to recognize climate change as a threat to the environment. “We are pleased to have BP join the Alliance to Save Energy,” says U.S. Senator Jeff Bingaman (D-NM), chairman of ASE and also Chairman of the Senate Energy & Natural Resources Committee. “As the world’s third largest oil company, BP is a good example of how the private sector can utilize energy efficiency to not only affect their bottom line but also to improve the environment.” BP is expected to play a role in ASE’s initiative to promote leadership in corporate energy management among industry leaders. “We hope that corporate leaders like Sir John Browne can lead by example in the promotion of energy efficiency at their facilities and those of their suppliers,” says ASE president David Nemtzow. “If a global company as diversified and energy intensive as BP can address their corporation’s energy usage through efficiency and conservation measures, then other firms should certainly be able to painlessly follow suit.” In 1997, BP outlined an agenda to address the issue of climate change and has adopted a precautionary approach to recognize that climate change is a genuine public concern. The oil company has a goal to reduce its internal emissions of greenhouse gases by 10 percent by 2010 by energy management and emissions trading among individual business divisions. “BP recognizes the role energy plays in the economic security of every country and the personal security and quality of life of every individual,” says BP’s regional president John Manzoni. “Promoting a balanced approach of conservation, energy efficiency, exploration and technology development is something we must all be focused on and involved in.”
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