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A growing number of financial institutions are moving their investments from fossil fuels into less polluting projects and resources. So what do oil and gas companies make of this shift?
Some of them are waking up to the clean energy transition in response to investor pressure. But there are leaders and laggards when it comes to oil and gas companies and reducing greenhouse gas emissions. There are also valid concerns about greenwashing. And yet, some of these firms are fundamentally reshaping the way that they do business.
In this episode, the latest in Political Climate’s special DITCHED series, we look at the pressures oil and gas companies are under to go low-carbon with Valentina Kretzschmar, vice president of corporate research at the research firm Wood Mackenzie.
FT: Why ExxonMobil is sticking with oil as rivals look to a greener future
WoodMac: Could clean energy be the winner in the oil price war?
NYT: Shell and Total report big drop in profits, but made clean-energy investments.
Earther: Maybe It’s Time to Retire the Phrase ‘Big Oil’
E&E: How one fossil fuel company became a green giant
Startups across the country are on a mission to provide sustainable food packaging options and close the plastic loop, especially prompted by the pandemic take-out boom. Over 70% of Americans order delivery one to three times a week, creating hundreds of billions of single-use bowls, bags, utensils, and more. But some innovative companies have […]
Five winners have been awarded £1 million each by Prince William’s Earthshot Prize in recognition for their sustainability and conservation efforts. The winners across five categories are: coral-growing and reef-restoring enterprise Coral Vita; the Republic of Costa Rica for its programs in forest restoration; the company Takachar whose technology can turn agricultural waste into sellable […]
To meet the goals of the Paris Agreement, we’ll need action from every sector, but the gaming industry hasn’t been a prominent warrior for climate action. In fact, the gaming industry accounts for about 2.4% of residential electricity use in the US each year, and produces as much carbon dioxide as 5 million cars. Now, a new […]
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