Displaying 1 - 8 of 8
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A new report describes how commercial zero-emission deep-sea vessels can get off the ground.
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But its commitment is slammed by campaigners as 'empty' and an 'attempt to buy time' due to its failure to commit to divest from coal and oil and gas.
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The tech giant unveils plans for new Climate Science Information Center as it pledges to reach net zero emissions across its value chain by 2030.
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Among its pledges are a 40 percent reduction in its oil and gas output by the end of the decade.
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Tech giant pilots hydrogen fuel cells as backup power source for Utah data center and joins growing number of firms in global Hydrogen Council.
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The new 2039 target builds on existing goals to reach carbon neutrality across its operations and halve its value chain emissions by the end of the decade.
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While some investors welcomed the latest net zero pledge from a leading oil giant, others believe the announcement was a 'clear attempt to stave off a shareholder rebellion at its AGM.'
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That's according to a BloombergNEF report that calls policy support for the hydrogen economy 'insufficient.'