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BP CEO: Copenhagen is Important Milestone

Tue 20 Oct 09 | 08:00 AM ET
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BP CEO: Copenhagen is Important Milestone

Tue 20 Oct 09 | 08:00 AM ET
"Copenhagen is a very important milestone on a very long journey," Tony Hayward, CEO of BP, told CNBC Tuesday when discussing the climate change summit. Hayward also said that carbon capture technology remains very expensive and can't make a major difference to CO2 emissions under the current circumstances.

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