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Eni said Friday it vowed to become carbon neutral — balancing greenhouse gas emissions by offsetting from the atmosphere an equivalent amount of carbon – by 2050, joining an array of other oil majors making similar pledges to go “green.”

The CEO of ENI Claudio Descalzi during the presentation of the white book of digital economy . Rome … [+] (Italy), July 15th 2020(Photo by Samantha Zucchi/Insidefoto/Mondadori Portfolio via Getty Images)

Mondadori Portfolio via Getty images Key Facts

Eni plans to cut emissions by 25% by 2030 from 2018 levels and reduce them by 65% by 2040.

Eni said it will achieve carbon neutrality by increasing production from

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