Carbon Tracker: Climate policy action could halve value of new oil projects
Influential think tank argues governments could soon be forced into an abrupt net zero policy shift that would threaten value of oil assets
Oil companies could face a sharp fall in the value of their new fossil fuel projects over the next five years if nations come forward with the climate policies required to keep the world on track with...
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World Business Council for Sustainable Development entrenches net zero into membership rules
The 200 firms in the group's membership - including Shell, Chevron, BASF, Volkswagen, BP, PepsiCo - must comply with rules requiring science-aligned net zero goal for no later than 2050
