CBAM > EU banks and companies still involved in over 100 ‘carbon bomb’ fossil fuel projects -NGOs

EU banks and companies still involved in over 100 ‘carbon bomb’ fossil fuel projects -NGOs

Published 17:51 on November 7, 2023  /  Last updated at 15:49 on February 9, 2024  / /  CBAM, Climate Talks, EMEA, EU ETS, International, Voluntary

EU-based banks and companies - such as TotalEnergies, Shell, RWE, and Eni - are involved in more than 100 of the world's biggest 'carbon bomb' fossil fuel extraction projects that could tip the world into unstoppable warming, NGOs said in a report on Tuesday that urged legislators to avert this by setting binding climate goals for companies in ongoing EU legislation. 
EU-based banks and companies - such as TotalEnergies, Shell, RWE, and Eni - are involved in more than 100 of the world's biggest 'carbon bomb' fossil fuel extraction projects that could tip the world into unstoppable warming, NGOs said in a report on Tuesday that urged legislators to avert this by setting binding climate goals for companies in ongoing EU legislation. 


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