BP’s plan for a 20-fold increase in renewable energy generation capacity and 40% reduction in oil and gas production within ten years must include the company’s withdrawal from the Burrup Hub, which will be the most polluting project in Australia’s history if it goes ahead, says the Conservation Council of Western Australia.
Conservation Council spokesperson Maggie Wood said BP’s announcement was welcome and reflected a world shifting away from fossil fuels, but more needs to be done.
“Woodside’s proposed Burrup gas hub is a mega-project involving several joint ventures, including with BP. Over its planned 50-year lifetime, the Burrup Hub will produce more than six billion tonnes of carbon pollution from gas production, export and combustion overseas. That is the equivalent of 11 years of total current carbon emissions from Australia.
“Burrup’s annual production of 139 million tonnes of carbon pollution would be more than four times that of the proposed Adani coal mine, and the equivalent of 35 new coal-fired power stations. This project is totally incompatible with BP’s goals to reduce carbon emissions, and their involvement is becoming increasingly untenable,” she said.
Wood said BP chair Helge Lund’s comment that the company’s new strategy “simply recognises a stark truth” hits the nail on the head.
“Mr Lund is right – the world is on an ‘unsustainable path’. When he says the planet’s ‘carbon budget is running out’, he must recognise that the Burrup Hub would take a huge bite out of that dwindling budget,” she said.
“For every million dollars invested in gas, less than 0.1 jobs are produced. By contrast, investing one million dollars in climate action, including clean energy, creates ten jobs. For every million dollars of sales income the Australian gas industry makes, it creates just 0.4 jobs, while the average for Australian industries is 3.4 jobs per million dollars of sales income. It is simply not worth it.”