Latest news
Europe's energy giants turn greener, but paths and targets diverge
Europe’s top oil and gas companies, which account for roughly 7% of global crude consumption, have committed themselves to greenhouse gas emission reduction targets which vary in scope and detail, making them hard for investors to compare.
read more... 17/04/2020
Eni pledges to cut emissions by 80% in clean energy drive
Italian energy group Eni promised to cut its greenhouse gas emissions by 80% by 2050 and invest more in renewable energy as it steps up its pivot to cleaner energy.
read more... 28/02/2020
EU greenhouse gas emissions fall two per cent in 2018
Greenhouse gas emissions fell by two per cent across the EU in 2018 according to the latest official preliminary estimates, but the relatively slow progress in renewable energy deployment and the decarbonisation of the transport sector continue to cause concern for the EU's environmental agency.
read more... 01/11/2019
20 Fossil Fuel Companies Generate One Third Of All Global Emissions
New data compiled by the United States-based Climate Accountability Institute and revealed by the Guardian confirms what many already know: at the core of the climate crisis is the fossil fuel industry. The crucial finding from the analysis is that 20 oil, gas and coal companies can be directly linked to over one third of all energy industry greenhouse gases in modern history. Despite knowing the destruction and dangers their activities pose to our planet and people, fossil fuel companies have been driving climate change and hold the key to avoiding impending disaster. What this points to is the urgent need for divestment, in spite of skepticism amongst some leaders.
read more... 10/10/2019
Chevron sets new greenhouse gas reduction goals
Chevron has established new goals to reduce net greenhouse gas (GHG) emission intensity from upstream oil and natural gas. Emission intensity is the emission rate of greenhouse gas per unit of energy produced. The company intends to lower upstream oil net GHG emission intensity by 5 - 10 percent and upstream natural gas net GHG emission intensity by 2 - 5 percent from 2016 to 2023. The timing is aligned with stocktake milestones set in the Paris Agreement on climate change.
read more... 04/10/2019