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BP should give substance and meaning to "Beyond Petroleum"

Yesterday Tony Hayward announced that he is stepping down and Bob Dudley will be the new CEO from October. It's a perfect moment to reinvent BP and invest in renewables and "Beyond Petroleum", the initiative started by Lord Browne.

Bob Dudley has some background experience in solar and wind, so the appointment could be promising.  

latest news
DECC lays out six possible futures for low-carbon energy

BusinessGreen, 28 Jul 2010

2050 Pathways Analysis illustrates energy supply and demand trade-offs required over next 40 years.

Efficiency key to 80% carbon reduction

Inside Housing, 28 Jul 2010

The coalition government has promised to improve the energy efficiency of homes as part of plans to reduce emissions by 80 per cent by 2050.
U.K. Carbon Calculator Shows 80% Emissions Reduction Is Achievable By 2050

Bloomberg, 28 Jul 2010

The U.K. Department of Energy and Climate Change announced a “carbon calculator” that shows the country’s goal of reducing greenhouse gas emissions by 80 percent in the six decades through 2050 is achievable.
CFTC Approves Green Exchange Application For Designation As A Contract Market

MondoVisione, 26 Jul 2010

Green Exchange LLC (Green Exchange) announced today that its application for designation as a contract market (DCM) has been approved by the US Commodity Futures Trading Commission (CFTC). The Green Exchange filed its DCM application on April 26, 2010.
Our trees

It is important to choose the species of trees according to how valuable they are to capture CO2 during their growth.

Hardwood and softwood differences actually have to do with plant reproduction, but are also more useful as terms for categorizing harvestable trees rather than good-producing trees. All trees reproduce by producing seeds, but seed structures vary. Our partners also propagate trees (especially fruit trees) by using cuttings.

Hardwood trees are angiosperms, plants that produce seeds with some sort of covering. This might be a fruit, such as an apple, or a hard shell, such as an acorn or hickory nut.

HARDWOOD — Trees with broad, flat leaves as opposed to coniferous or needled trees. Wood hardness varies among the hardwood species, and some are actually softer than some softwoods.

DECIDUOUS — perennial plants which are normally leafless for some time during the year.

BROADLEAF — A tree with leaves that are broad, flat and thin and generally shed annually.

Species of trees planted

Name Carbon value % planted
Mahogany ideal 15%
Acacia ideal 15%
Oak ideal 6%
Eucalyptus ideal 5%
Teak ideal 2%
Laurel ideal 1%
Leucaena ideal 1%

Softwoods, on the other hand, are gymnosperms (conifers) with “naked” seed. These plants have seeds that fall to the ground with no covering. Pines, firs and spruces, which grow seeds in cones, fall into this category. In conifers, seeds are released into the wind once they mature. This spreads the plant’s seed over a wide area.

Softwood trees are usually evergreen, bear cones, and have needles or scale-like leaves. They include pine, spruces, firs, and cedars. Wood hardness varies among the conifer species, and some are actually harder than some hardwoods.

CONIFER — A tree belonging to the order Coniferales. Trees with needles or scale-like leaves and cones as opposed to broad, flat leaves that more often than not are coneless.

EVERGREEN — perennial plants which normally keep foliage or needles through the entire year.

Species of trees planted

Name Carbon value % planted
Cedar moderate 15%

Fruit and nut trees are typically not considered as either hardwood or softwood, since the primary usage of those terms is for harvestable wood, while fruit and nut trees have a far more vital function as food-producers rather than as sources of timber.

Species

Name Carbon value % planted
Orange moderate 5%
Lemon moderate 1%
Mango moderate 1%
Mandarin moderate 1%
Guaba moderate 1%
Avocado moderate 1%
Peach palm moderate 1%
Breadfruit moderate 1%
Breadnut moderate 1%
Coconut moderate 1%

Footnote: Data supplied by Sustainable Harvest International, reproduced with permission.