Baker Hughes CEO on Plans to Eliminate Carbon Emissions

Baker Hughes commits to net zero emissions by 2050, with CEO Lorenzo Simonelli discussing the company's strategies to reduce carbon emissions. The company is focusing on technological innovations like the LM 9000 and Nova Lt Gas to lower emissions. They emphasize the importance of aligning with customer expectations and business responsibility. Progress has been made, with a 26% reduction since 2012, aiming for 50% by 2030. The approach is cost-effective, benefiting shareholders while enhancing carbon efficiency.

What is the target year for Baker Hughes to achieve net zero emissions?

• 2030

• 2060

• 2050

• 2040

Which technology is mentioned as part of Baker Hughes' efforts to reduce emissions?

• Solar Panels

• LM 9000

• Wind Turbines

• Hydrogen Fuel Cells

How does Baker Hughes plan to meet customer expectations regarding emissions?

• By increasing production

• By reducing prices

• By providing energy-efficient equipment

• By expanding globally

By what percentage has Baker Hughes reduced its emissions since 2012?

• 26%

• 50%

• 10%

• 40%

What is the business case for Baker Hughes' emission reduction initiatives?

• It requires government subsidies

• It is beneficial for shareholders

• It is costly but necessary

• It is only for public relations