Sinopec aims for carbon neutrality by 2025, with pivot to hydrogen
Reuters2021-03-29
SINGAPORE, March 29 (Reuters) - China's Sinopec Corp
, Asia's largest oil refiner, said on Monday that it aims to be carbon neutral by 2050 with hydrogen as one core area for a low-carbon push.
As the country's largest hydrogen producer, Sinopec will focus on fossil fuel-based hydrogen production in next five years and meantime also start introducing "green" hydrogen using solar and wind power, Chairman Zhang Yuzhuo told an earnings call.
(Reporting by Chen Aizhu; Editing by Christian Schmollinger)
((aizhu.chen@thomsonreuters.com; +65 6870 3284; Reuters Messaging: aizhu.chen.reuters.com@reuters.net))
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