US oil majors 'way behind' Europeans in energy transition
US oil and gas majors are lagging well behind their European counterparts in adapting their business models for the worldwide energy transition to net-zero, Carbon Tracker has warnedThe financial think tank noted that European firms have made a string of transition announcements, such as cutting assumptions about the future oil price and setting ambitious climate targets, which i
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The climate targets of oil and gas majors rely heavily on emissions mitigation technologies (EMTs) that are expensive and unproven at scale, analysis by Carbon Tracker has uncovered.
Acoalition of NGOs and environmental groups have called on financial institutions to stop “propping up” the war in Ukraine by cutting ties with Russia’s fossil fuel industry. In a letter to CEOs, they call on insurers, banks and asset managers to end financing, investment, insurance coverage and other financial services to companies in the Russian industry, and divest from existing assets.
IEMA CEO, Sarah Mukherjee MBE, has described today's report from the Intergovernmental Panel on Climate Change (IPCC) as a "stark reminder" of the significant threat that climate change poses to civilisation as we know it.
One of the “greatest shortfalls” of the UK government's Heat and Buildings Strategy is that it fails to outline an adequate plan for raising public awareness on the importance of low-carbon heating, MPs have warned.