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bp America statement on Congress passing the Inflation Reduction Act

Release date:
12 August 2022

bp commends Congress for passing the Inflation Reduction Act. This historic legislation will help bp and America reach their shared ambition to be net zero by 2050.


bp has actively supported many of the climate and energy provisions passed today. This legislation will help bp provide secure, affordable and lower carbon energy.

About bp

bp’s ambition is to become a net zero company by 2050 or sooner, and to help the world get to net zero. bp is America’s largest energy investor since 2005, investing more than $130 billion in the economy and supporting about 230,000 additional jobs through its business activities. For more information on bp in the US, visit www.bp.com/us.

Further Information

bp US Media Affairs

Email: uspress@bp.com