Skip to content

Oil firms climate change

HomeTafelski85905Oil firms climate change
09.01.2021

25 Sep 2019 Integrated oil and gas companies are adapting their business strategies in response to climate-change imperatives and emerging changes in  21 Mar 2018 Big oil companies were forced to lay out the science of climate change today in a court hearing that was compared to the Scopes trial on  5 Sep 2019 Fossil fuel interests have spent millions funding climate change denial that “the five largest publicly-traded oil and gas majors (ExxonMobil,  17 Apr 2018 Those two companies manufactured fossil fuels that have contributed to global warming and thereby increased the number and severity of 

We believe that climate change risks warrant action and it's going to take all of Our company has a proven record of successfully responding to changes in 

10 Feb 2020 The world's oil and natural gas companies are drilling their way into financial and social hell. Driving the news: The industry's stocks are in the  1 Oct 2019 The most important strategic issue facing the energy industry today is climate change. As the earth's average temperature continues to rise with  29 Jan 2020 “The Guardian will no longer accept advertising from oil and gas companies, becoming the first major global news organisation to institute an  8 Jan 2020 The threats included “difficult-to-change anti-oil industry attitudes” and demands to switch to renewable energy. “Due to continuing exposure to  28 Jan 2020 Oil companies are facing increasing pressure over climate change. Source: AP Photo. The oil and gas sector is facing more  The Oil and Gas Climate Initiative is a CEO-led consortium that aims to accelerate the industry response to climate change. OGCI member companies explicitly 

22 Mar 2016 Major fossil fuel companies have known for decades that their products—oil, natural gas, and coal—cause global warming.

30 Dec 2019 the major fossil fuel companies are committing to do on climate change, The oil and gas industry seems to have entered a state of cognitive  December 5, 2019. Investments in Oil and Gas Production Over the Next Five Years Will Lock-In More than 1.5°C of Global Warming 85 Percent of Global Oil  4 Oct 2019 Between the Oil and Gas Climate Initiative and the Climate Leadership Council, every major energy company has committed to reducing  27 Jan 2020 record on climate change, risking being fired to defy a company-wide ban highlighting the company's work with oil and gas companies. 10 Feb 2020 The world's oil and natural gas companies are drilling their way into financial and social hell. Driving the news: The industry's stocks are in the  1 Oct 2019 The most important strategic issue facing the energy industry today is climate change. As the earth's average temperature continues to rise with  29 Jan 2020 “The Guardian will no longer accept advertising from oil and gas companies, becoming the first major global news organisation to institute an 

8 Jan 2020 Amid an all-out push to paint itself as a climate change champion, the nation's main oil lobby appears to be shifting how it brands its industry.

“Climate change poses an existential risk to the oil and gas industry,” wrote Neil Beveridge, an analyst at Bernstein, a Wall Street research firm, in a recent note to clients. ExxonMobil leads the oil firms in spending on branding campaigns suggesting they support action against climate change. The largest five stock market listed oil and gas companies spend nearly $200m (£153m) a year lobbying to delay, control or block policies to tackle climate change, according to a new report. Oil companies are facing an increasing number of lawsuits that aim to hold them responsible for the impacts of climate change. What the companies knew about their contributions to global warming will answer some key legal questions, including whether they have sold products while knowing they would cause public harm. The trouble is that, according to an assessment by the IPCC, an intergovernmental climate-science body, oil and gas production needs to fall by about 20% by 2030 and by about 55% by 2050, in order to stop the Earth’s temperature rising by more than 1.5°C above its pre-industrial level.

14 Feb 2017 Fast forward to 2016, much has changed. One by one, firms have publicly recognized climate change as a major issue and have moved 

12 Feb 2020 BP's chief Lord John Browne famously called on the oil and gas industry to address climate change and pivoted the firm toward renewables  9 Jan 2020 Climate change has taken on new urgency as extreme weather becomes more frequent and captures global headlines, increasingly dire reports  30 Dec 2019 the major fossil fuel companies are committing to do on climate change, The oil and gas industry seems to have entered a state of cognitive