BP Exploration hit with £274,000 emissions trading penalty

BP Exploration paid a substantial civil penalty for failing to account for all greenhouse gas emissions from one of its North Sea operations earlier this year.

The £274,000 penalty, made under regulation 41 of The Greenhouse Gas Emissions Trading Scheme Regulations 2012, was imposed in June but not revealed until this week, when the deadline for a potential appeal ended.

A total of 10,836 tonnes of CO2 was left unaccounted for in 2015 and 14,701t in 2016, coming to 25,537t in all. This is a significant amount, considering that the Petrojarl Foinaven floating production storage and offloading (FPSO) vessel released almost ten times more than that in both years, according to the Pollutant Release and Transfer Register.

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