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IEA warns Oil companies doing nothing on emissions is not an option

From reuters.com

In a report with the World Economic Forum presented in Davos, the IEA said oil and gas companies face a critical challenge as the world increasingly adopts clean energy transitions to curb global warming. Around 15% of global energy-related emissions come from the process of getting oil and gas out of the ground and to consumers, the IEA said. Energy-related green house gas emissions rose to a record high in 2018. The Paris-based agency, which advises industrialized nations on energy issues, said oil and gas companies are facing increasing demands to explain how they intend to reduce emissions in line with the 2015 ... (full story)

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  • Category: Fundamental Analysis