Displaying 1 - 11 of 11
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The energy transition is slowing down growth of oil demand, but has yet to reduce overall levels of consumption of the fossil fuel, the IEA warns.
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Giants including BP and Shell with major investors have published net-zero principles to follow, but what constitutes a credible plan?
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British Airways CEO Sean Doyle argues a ‘global system of sustainable aviation fuels' can help drive down emissions from flying.
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Funding from oil giant aims to help scale production of waste-based fuel that can be mixed into conventional jet fuel in bid to reduce carbon footprint of flight
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The deal will explore the possibility of building a sustainable aviation fuel production facility for British Airways in the U.K.
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The aviation sector has the climate goal of cutting carbon emissions by 50 percent by mid-century. Sustainable aviation fuels could be one solution to reduce emissions.
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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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Swell of support for Amazon's Climate Pledge comes as the tech behemoth announces that it has joined the Science Based Targets Initiative (SBTi), which will requires it to commit to setting emissions targets in line with the Paris Agreement's goals.
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Engine marker pledges to boost low-carbon technology R&D and reach net zero across its operations by the end of the decade, as it announces plans to cut 3,000 jobs across the U.K. amid coronavirus crisis.
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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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UBS analysis suggests the pandemic is set to curb air travel growth 10 percent over the next decade as high-speed rail flourishes.