Article 6MYS9 Top oil firms’ climate pledges failing on almost every metric, report finds

Top oil firms’ climate pledges failing on almost every metric, report finds

by
Dharna Noor
from on (#6MYS9)

Oil Change International says plans do not stand up to scrutiny and describes US fossil-fuel corporations as the worst of the worst'

Major oil companies have in recent years made splashy climate pledges to cut their greenhouse gas emissions and take on the climate crisis, but a new report suggests those plans do not stand up to scrutiny.

The research and advocacy group Oil Change International examined climate plans from the eight largest US- and European-based international oil and gas producers - BP, Chevron, ConocoPhillips, Eni, Equinor, ExxonMobil, Shell and TotalEnergies - and found none were compatible with limiting global warming to 1.5C above pre-industrial levels - a threshold scientists have long warned could have dire consequences if breached.

This story has been updated to add comments from Shell, Eni and Equinor.

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