CDP: Oil majors spending tiny fraction of capex on low carbon projects

Madeleine Cuff
clock • 2 min read

Non-profit's new research suggests oil majors spent just 1.3 per cent of capital expenditure on low-carbon projects last year

Despite being responsible for more than half of global energy-related greenhouse gas emissions and publicly committed to tackling climate change, oil majors are spending less than two per cent of their...

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