October 29, 2020 12:49 PM EDT
In an unexpectedly less terrible turn of events, 2020 has seen several oil and gas companies announce more ambitious climate targets. Just last week, ConocoPhillips released a new “net-zero” climate ambition, becoming the first US oil and gas company to do so. While that breakthrough looks impressive at first glance, we’ve found some glaring deficiencies in the company’s recent announcement. Read more >
March 24, 2020 2:32 PM EDT
A new report released last week by a range of organizations provides valuable information and guidance that might help us rebuild the economy and the energy system around principles of justice, transparency, and science-based decisionmaking. It may not be top of mind as the world faces a growing pandemic. However, it includes research that legislators should bear in mind as they consider economic stimulus measures, potentially including aid to banks and fossil fuel companies that are behind the climate crisis which still looms. Behind the COVID-19 threat, our climate emergency continues to require swift and deep emissions reductions to ensure a stable climate. Read more >
June 10, 2019 9:22 AM EDT
Fossil fuel companies knew they were damaging the planet—and spent millions to mislead the public. Is the law about to catch up with them? Read more >
April 2, 2019 2:42 PM EDT
Today, Royal Dutch Shell published its Industry Associations Climate Review, delivering on a promise made late last year to leading institutional investors who are concerned about climate change. Shell’s review follows a similar report published by BHP in late 2017, and raises the transparency bar for fossil fuel industry competitors and their trade groups. Read more >
January 31, 2019 10:03 AM EDT
The release of ExxonMobil’s 2019 Outlook for Energy and its 2019 Energy and Carbon Summary may come as early as this week. Published in response to shareholder demands, the 2018 Energy and Carbon Summary was supposed to disclose the company’s plans for a world in which global temperature increase is kept well below two degrees Celsius (2°C). Drawing on UCS’s 2018 Climate Accountability Scorecard and our ongoing engagement with the company, here are four things to expect—and one thing not to expect—in ExxonMobil’s 2019 Energy and Carbon Summary.
