Legal & General Investment Management, the UK’s largest asset manager, said it wants Shell Plc to explain how it thinks it can still reach net zero emissions by 2050 while ratcheting up investments in fossil fuels.
Equinor says "The world is far from being on track" to meet the net zero goals laid out in the Paris Agreement.
Carbon capture and storage (CCS) has long been touted as part of the solution to reducing global greenhouse gas emissions.
FoE has said the Mozambique LNG project may produce 4.5 billion tonnes of greenhouse gases. It complained the UK government had failed to evaluate or calculate these.
In 2015, we set the goal of limiting global warming to less than 1.5 degrees Celsius. However, the latest UNFCCC estimates show that we are far exceeding this limit.
In the last few months, gas’ role in the energy mix has been put under a microscope.
Investing in new fossil fuel production and power plants is "moral and economic madness", UN Secretary-General Antonio Guterres has warned.
A legal challenge by Friends of the Earth (FoE) to Mozambique LNG has split opinions among High Court judges.
Do you know how your company is going to reach net zero by 2050? If we are to achieve that aim, every single business is going to need to play its part.
The deletion of a single word in the latest draft of the climate deal being negotiated at the COP26 climate conference signals a surprisingly ambitious move to keep global warming below 1.5 degrees Celsius.
Boris Johnson has urged countries to "pull out all the stops" to secure action to limit dangerous global warming in the final days of COP26.
It is crucial that the goal to limit temperature rises to 1.5C is kept alive, Sir Patrick Vallance has warned.
Delegates from around the world are today arriving in Glasgow ahead of a two-week conference that will test the willingness of today’s world leaders to deliver on the promises they or their predecessors made in Paris six years ago.
Climate change is set to warm the world, the US has warned, in more ways than one.
Progress towards a clean energy system is “still far too slow” to be compatible with net zero by 2050, a report has claimed.
A senior government figure has encouraged countries around the world to dip into the UK’s offshore wind knowledge.
A “massive redirection” of spending from carbon-heavy investment into clean energy is needed if the Paris Agreement is to be reached.
Oil and gas majors are being warned they must plan for a “major production drop” in order to hit the 1.5°C Paris Agreement target.
An “alarming” new report setting out the impact of climate change on the planet should spell the end for oil and gas, according to a senior international figure.
BP’s chief executive has raised concerns that the dramatic fall in carbon emissions seen last year may be “short lived”.
The UK government will face questions in court over the legality of its support for Mozambique LNG, following a win for Friends of the Earth (FoE).
Sasol is seeking suppliers to provide it with renewable energy at its South African operations.
European oil major Royal Dutch Shell on Wednesday urged U.S. oil and gas trade groups to take stronger positions in the fight against climate change under the threat of leaving them.
Former BP CEO Bob Dudley has said investors “need to have a little patience with the oil and gas industry” as it adjusts for the energy transition.
Total has opted not to continue being a member of the American Petroleum Institute (API), expressing differences of opinion over climate change.