Energy_Transition

Big Oil ‘betting $1 trillion against climate action’: Carbon Tracker

Continued investment in hydrocarbon mega-projects could leave oil majors exposed to production cuts of ‘50% or more’ this decade

Setting sun: some mega-projects on the oil majors’ drawing boards are not compatible with a 1.65 degree Celsius target, claims Carbon Tracker
Setting sun: some mega-projects on the oil majors’ drawing boards are not compatible with a 1.65 degree Celsius target, claims Carbon TrackerPhoto: AFP/SCANPIX
London
Published 10 September 2021, 14:37Updated 10 September 2021, 19:02
Carbon TrackerExxonMobilChevronConocoPhillipsInternational Energy Agency