EnergyWatch

Oil giants kneel to climate pressure

Royal Dutch Shell was the first, and now BP – another global oil major – now gives in to demands for implementing a reporting system on how the group intends to live up to the UN Climate Agreement.

Photo: BP/PR

Oil companies usually undermine, rather than support, climate change mitigation.

Not only do oil and gas companies contribute to climate change by producing fuel sources which emit huge quantities of CO2 by the end users, they also pump out greenhouse gases during exploration, extraction and transport as well as in the refining processes that produce various petroleum products.

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