The 12 members of the Oil and Gas Climate Initiative (OGCI) have for the first time set a joint goal to cut their greenhouse gas emissions as a proportion of output, amid growing pressure on the sector’s climate stance. OGCI members, including Saudi Aramco, China’s CNPC...
Australia’s peak mining lobby group – The Minerals Council of Australia – has released a road map to cut carbon emissions at mine sites, in the face of growing criticism from climate action groups. The three-page climate change policy details a ‘collective commitment’ to the goals...
More renewable energy was consumed in the US last year than coal-fired energy for the first time since the 19th century, in a landmark moment for the green energy transition in the global superpower. Renewable energy consumption increased by 1% on 2018 to reach a record...
Amazon has bolstered its renewable energy portfolio with 300MW of new projects in Europe, the US and Australia, as the tech giant looks to reach 80% renewable energy by 2024 and 100% by 2030. In Australia Amazon will source 60MW of solar capacity from a project...
BP has announced it will sever ties with three US industry lobby groups, citing disagreements with their climate policies. The oil and gas major will end its associations with the American Fuel and Petrochemical Manufacturers (AFPM), the Western States Petroleum Association (WSPA) and the Western Energy...
BP’s new chief executive Bernard Looney yesterday announced plans to become a net zero emissions company by 2050 or sooner, in what would be a drastic reorganisation of the global oil giant’s business. Along with absolute net zero commitments across all of BP’s operations, the company...
BHP is facing up to an investor rebellion at its annual general meeting next week, after major shareholder Standard Life Aberdeen called for the world’s biggest mining company to end its association with advocacy groups that support the fossil fuels industry. Standard Life, a top five...
Oil and gas companies have approved US$50 billion of new investment in major projects since 2018, undermining climate change targets set out in the Paris Agreement and threatening shareholder returns. Think tank Carbon Tracker found that no major oil company is investing in projects that will...
One of the UK’s largest energy suppliers has responded to rising public concern over the climate crisis by switching its 3.3 million customers to 100% renewable electricity – at no extra cost. E.ON said that around half of its output would come from its own renewable...
The Canadian government will provide C$325,000 to the Mining Association of Canada (MAC), which will go towards the creation of a ‘climate change adaptation’ programme for the mining sector. MAC, Golder Associates and Lorax Environmental Services have committed to match the federal funding for the project,...