Displaying 1 - 8 of 8
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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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Consumer products giant says the move is critical to meeting its goal of achieving net-zero emission from its products by 2039.
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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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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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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.'