Post Tagged with: "net zero emissions"

Source: Reuters

Exxon rebuts proxy advisor, says net zero emissions scenario ‘unlikely’

Nasdaq


HOUSTON – Exxon Mobil Corp XOM.N has pushed back against investors pressing the largest U.S. oil producer to report on the risks to its business from restrictions on greenhouse gas emissions and potential environmental disasters.

In a reply on …

Source: Reuters

BP invests millions in company that supplies ‘rapidly deployable’ solar tech

CNBC


BP said it is investing 20 million Australian dollars ($13.53 million) in Australian renewable company 5B, which specializes in solar technology.

 

The energy major said the investment in 5B — made via its subsidiary BP Ventures — wrapped …

Source: Reuters

Ditch new fossil fuel spending to reach net zero emissions – IEA

Reuters


LONDON – Investors should not fund new oil, gas and coal supply projects if the world wants to reach net zero emissions by mid-century, the International Energy Agency (IEA) said on Tuesday, calling instead for a large expansion of …

Source: Reuters

BP’s lobbying for gas shows rifts over path to net-zero emissions

Reuters


LONDON/BRUSSELS – Oil major BP BP.L has lobbied for the EU to support natural gas, a move that exposes divergent views among investors and reflects a wider European dispute about the role of the fossil fuel in the transition …

Source: Reuters

Factbox: Getting out of gas – the sold and scrapped projects

Reuters


LONDON – Natural gas, long touted as a transition fuel by policymakers and industry, is losing its appeal for some producers in Europe as they try to reach net-zero emissions.

Below are examples of projects that have been dropped, …