ANALYSIS: How big oil seeks shortcuts in climate target ‘arms race’

Published 10:57 on December 6, 2021  /  Last updated at 19:44 on December 6, 2021  / Peter Kiernan /  Americas, EMEA, International, US, Voluntary

Oil majors’ climate targets are littered with loopholes but still fall short of Paris Agreement goals, according to assessors struggling to make sense of the piecemeal efforts of one of the most significant sectors for the low-carbon transition.
Oil majors’ climate targets are littered with loopholes but still fall short of Paris Agreement goals, according to assessors struggling to make sense of the piecemeal efforts of one of the most significant sectors for the low-carbon transition.


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