(Equinor, 8.Jun.2023) â Energy Perspectives paints the outcome space for the long-term development of the worldâs energy markets. Driven by factors such as geopolitics, technology, climate and energy policy, and company and consumer behaviour, energy demand projections are made, but become increasingly uncertain the further out in time we forecast. The world […]
Tag: Paris Agreement
Achieving Paris Goals To Upend Markets
(WoodMac, 15.Apr.2021) â If the world acts decisively to limit global warming to 2°C by 2050, the scale of change will revolutionise the energy industry. Progressive electrification will squeeze the most polluting hydrocarbons out of the energy mix, nearly eliminating their markets. Oil demand will shrink, and with it, so […]
General Motors Plans To Be Carbon Neutral By 2040
(GM, 28.Jan.2021) â Today, GM announced that it plans to become carbon neutral in its global products and operations by 2040 and has committed to setting science-based targetsâ±â± to achieve carbon neutrality. The company has also signed the Business Ambition Pledge for 1.5â°C, an urgent call to action from a […]
Fact Sheet: Biden’s Climate Crisis Executive Actions
(The White House, 27.Jan.2021) â Biden-Harris Administration Commits on Climate Change â Creating Jobs, Building Infrastructure, and Delivering Environmental Justice Today, President Biden will take executive action to tackle the climate crisis at home and abroad while creating good-paying union jobs and equitable clean energy future, building modern and sustainable […]
ExxonMobil Reveals Emission Reduction Plans
(Exxon, 14.Dec.2020) â ExxonMobil plans further reductions in greenhouse gas emissions over the next five years to support the goals of the Paris Agreement and anticipates meeting year-end 2020 reductions. — Greenhouse gas plans consistent with goals of Paris Agreement — Sets 2025 greenhouse gas emission reduction plan: intensity of […]
Repsol To Advanced Biofuels Plant In Cartagena
(Repsol, 22.Oct.2020) â Repsol will build the first production plant for advanced biofuels in Spain at its Cartagena refinery. From this new facility, the multi-energy company, committed to the circular economy as a tool for efficient resource use and emissions reduction, will annually supply 250,000 tons of advanced biofuels for […]
OGCI Sets Carbon Intensity Target
(OGCI, 16.Jul.2020) â The Oil and Gas Climate Initiative (OGCI) announced a target to reduce the collective average carbon intensity of member companiesâ aggregated upstream oil and gas operations to between 20 kg and 21 kg CO2e/boe by 2025, from a collective baseline of 23 kg CO2e/boe in 2017. — […]