Slow-transitioning global oil and gas making climate targets 'very challenging to reach'

Despite shift by European supermajors toward renewables, global sector investing under 1% of capital in non-fossil-based projects, Capgemini report finds

Oil goes into a tailings pond at the Suncor oil sands operations near Fort McMurray, Alberta, Canada
Oil goes into a tailings pond at the Suncor oil sands operations near Fort McMurray, Alberta, CanadaPhoto: REUTERS/SCANPIX
Published 3 November 2020, 08:06Updated 3 November 2020, 08:06