it will harvest 20 million acres of trees in Africa to help offset CO2 emissions from its oil and gas operations . CEO Claudio Descalzi said the aim was to achieve zero emissions by 2030 . The forests would extract 20 million tons of CO2 each year from the atmosphere . Other emission - reducing efforts by Eni has included converting two crude refineries to vegetable oils . Eni said it would spend $ 500 on these and similar “ circular economy ” projects during the next four years .
Eni will plant 20 million acres of trees in Africa to help offset CO2 emissions from its oil and gas operations. CEO Claudio Descalzi said the aim was to achieve zero emissions by 2030. The forests would extract 20 million tons of CO2 each year from the atmosphere. Other emission-reducing work by Eni has included converting two crude refineries to vegetable oils. Eni said it would spend $1.1bn on these and similar “circular economy” schemes during the next four years.