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New BP CEO Sets Bold Agenda, Admits Staff Layoffs 'Inevitable'

Feb.13 -- In this week’s “Commodity-In-Chief” on “Bloomberg Commodities Edge”, Bloomberg's Alix Steel talks with BP CEO Bernard Looney, who this week set an ambitious agenda to deal with the climate emergency, promising to zero-out all emissions on a net basis from the fossil fuels they pump from the ground. He also announced the company’s structural changes will lead to staff cuts over the next few years.