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Corporate greenwashing: will court cases and new rules close the gap between promises and reality?

November 15, 2022 by Isabel Sutton

Activists are taking firms to court over deceiving consumers with questionable climate pledges. Isabel Sutton at Clean Energy Wire summarises the issues. Greenwashing, and therefore misdirecting consumer behaviour, is clearly a barrier to achieving climate goals. The latest IPCC report says consumer behaviour and changes to our lifestyles can result in a 40%–70% reduction in greenhouse gas emissions by 2050.  But unregulated advertising can say … [Read more...]

Filed Under: Energy, Policies Tagged With: advertising, Beiersdorf, BP, consumers, emissions, EU, Exxon, greenwashing, KLM, litigation, netzero, Nivea, offsetting, Shell, TotalEnergies

Veracity of corporate net-zero pledges and advertising is being challenged in court

September 29, 2022 by Isabel Sutton

Clean Energy Wire (CLEW) is putting the spotlight on corporate climate pledges, the advertising they use to win customers, and their claims of reducing their emissions. Here, Isabel Sutton at CLEW summarises the major landmark legal cases in multiple countries being brought against corporates by activists and other claimants. Companies under scrutiny include TotalEnergies, KLM, Drax, Shell, BP, Beiersdorf (personal care products), and more. … [Read more...]

Filed Under: Energy Tagged With: advertising, Beiersdorf, BP, Climate, courts, Drax, emissions, greenwash, KLM, netzero, pledges, regulators, Shell, TotalEnergies

New U.S. Offshore Wind target: from standing start to 30GW by 2030

May 6, 2021 by Stephen Naimoli and Nikos Tsafos

In March, the Biden administration announced a bold target to deploy 30GW of offshore wind capacity by 2030. Until now, offshore wind’s rise has been driven almost exclusively by Europe and China. The U.S. accounts for just 0.1% of the world’s installed capacity (versus 17% for onshore wind). Why the hold up, given the U.S. could require up to 400GW of offshore wind by 2050? As Stephen Naimoli and Nikos Tsafos at CSIS explain, offshore costs … [Read more...]

Filed Under: Energy, Renewables Tagged With: Biden, BP, costs, EDF, Equinor, infrastructure, investment, jobs, offshore, onshore, Orsted, permitting, ports, Shell, wind

Five key metrics investors need to steer Oil and Gas firms into decarbonisation

December 4, 2020 by Ben Ratner and Erin Blanton

If the oil and gas industry won’t commit to meaningful strategies and milestones to decarbonise, investors must make them, say Ben Ratner at the Environmental Defense Fund and Erin Blanton at Columbia University. Already, Covid has shown how vulnerable the sector is to unexpected change. If the sector refuses to factor in rising decarbonisation ambitions and policies across the globe that vulnerability will continue for decades. At the same time, … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: BP, Chevron, ESG, flaring, gas, investors, lobbying, methane, Occidental, oil, Pioneer, Repsol

Are 1.5°C scenarios supplanting “Business As Usual” as the new benchmark?

October 23, 2020 by James Newcomb and Krutarth Jhaveri

The world energy outlooks published annually by the IEA, BP and DNV GL look very different this year. 1.5°C scenarios are being taken much more seriously. Could it be because of the trauma of Covid-19, or the extraordinary – though still insufficient – success of renewables coupled with the rising ambition of climate-aware governments and their policies? Either way, they are helping to shift the debate away from the mainstream “business as usual” … [Read more...]

Filed Under: Energy, Energy Outlooks, Policies Tagged With: BP, Covid, DNVGL, IEA, innovation, investment, PeakOil, renewables

BP Outlook 2020: “peak oil” has already happened

September 21, 2020 by Simon Evans

BP’s latest Outlook predicts – for the first time - that oil saw its peak in 2019. In each of BP’s Outlooks, published annually since 2011, they have revised their predictions for the global energy landscape to 2050 as new data comes in. The growth of clean energy and the changing shape of climate policies have seen each successive forecast increase the share of renewables at the expense of fossil fuels. This year even gas has seen its prospects … [Read more...]

Filed Under: Energy, Energy Outlooks, Policies Tagged With: BehaviourChange, BP, coal, Covid, emissions, gas, hydro, Nuclear, oil, outlook, renewables

BP’s zero-carbon pledge: three major challenges

February 27, 2020 by Jules Kortenhorst, Tyeler Matsuo and Raghav Muralidharan

This month BP, one of the world’s largest oil and gas firms, announced its ambition to be a net zero emissions company by 2050. The promise extends to cutting the emissions of its customers too; after all, they’re the ones who are actually burning the fuel, not BP. So it aims to reduce the carbon intensity of its products by 50% by 2050 or sooner. Jules Kortenhorst, Tyeler Matsuo and Raghav Muralidharan at Rocky Mountain Institute take a look at … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: BP, CO2, efficiency, emissions, gas, investment, methane, oil

Fossil fuel politics is changing: Big Oil, automakers split on Trump lowering standards

November 28, 2019 by Cara Daggett

Cara Daggett at Virginia Tech has noticed a positive change in corporate support for the Transition. In the past, Big Oil and automakers would have opposed any limits to business-as-usual. But today, major oil companies, including BP and Royal Dutch Shell, are opposing U.S. President Trump’s intention to further deregulate methane emissions. That’s because they’ve invested heavily in natural gas as a bridge fuel for a clean future, which would … [Read more...]

Filed Under: Energy, Oil, Gas & Coal, Policies, Transport and energy Tagged With: BMW, BP, emissions, Ford, fossilfuels, gas, Honda, methane, oil, Politics, Shell, transport, Volkswagen

Analysis: BP’s outlook for fossil fuels could be undermined by slowing energy demand

February 18, 2019 by Simon Evans

BP’s latest projections, released last week, once again concede that their previous reports have been overestimating fossil fuel consumption and underestimating renewables. Yet BP still predicts total energy demand will grow indefinitely thanks to overall global growth, and fossil fuels will always be needed. But Simon Evans at Carbon Brief shows how these projections contrast starkly with McKinsey’s, who find that the efficiency of renewables … [Read more...]

Filed Under: Energy, Oil, Gas & Coal Tagged With: BP, Equinor, fossil-fuels, IEA, McKinsey, Paris2050, renewables, Shell

Most read this week

  • Make Hydrogen in developing nations: share prosperity while meeting our climate goals by Dolf Gielen | posted on January 26, 2023
  • Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR by Dennis Wamsted | posted on January 27, 2023
  • Biofuel is approaching a feedstock crunch. How bad? And what must be done? by IEA | posted on January 23, 2023
  • 10 Carbon Capture methods compared: costs, scalability, permanence, cleanness by Ella Adlen | posted on November 11, 2019
  • Concrete: 8% of global emissions and rising. Which innovations can achieve net zero by 2050? by Ben Skinner | posted on January 24, 2023
  • Can Aluminium-air batteries outperform Li-ion for EVs? by Helena Uhde | posted on September 8, 2021
  • EU ETS and CBAM: what the big update to emissions trading rules means for Europe’s key sectors by Simon Göss | posted on January 16, 2023
  • Micro-nuclear reactors: up to 20MW, portable, safer by Christina Nunez | posted on April 22, 2021
  • EU Energy Outlook to 2060: how will power prices and revenues develop for wind, solar, gas, hydrogen + more by Alex Schmitt | posted on December 6, 2022
  • Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world by Christoph Gatzen | posted on January 25, 2023
  • Gravity Batteries: any nation can do it at scale using rocks by Simon Read | posted on July 27, 2022
  • What’s best for Hydrogen transport: ammonia, liquid hydrogen, LOHC or pipelines? by Herib Blanco | posted on May 5, 2022
  • Hydrogen production in 2050: how much water will 74EJ need? by Herib Blanco | posted on July 22, 2021
  • Why hydrogen fuel cell cars are not competitive — from a hydrogen fuel cell expert by Zachary Shahan | posted on June 17, 2016
  • The 10 big problems with simply replacing fossil cars with electric by Schalk Cloete | posted on December 6, 2021
  • Europe needs a Regional Green Bank to fulfil its Green Deal and match the U.S. by Esmeralda Colombo | posted on January 20, 2023
  • How to sell Heat Pumps to the public in Europe by Helena Uhde | posted on January 19, 2023
  • The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM) by Joseph Majkut | posted on January 30, 2023
  • Critical Raw Materials for the energy transition: Europe must start mining again by Frank Umbach | posted on January 10, 2022
  • 2023 lookahead for Sustainable Finance: EU Taxonomy, ESG ratings, corporate disclosure laws, Europe’s “IRA” by Luca Bonaccorsi | posted on January 12, 2023

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      Recent Posts

      Wind (and Solar) need their own Financial Transmission Rights to hedge their unique congestion risks

      The U.S. should support the EU’s Carbon Border Adjustment Mechanism (CBAM)

      Utah: 140MW Geothermal bid can beat the cost and performance of the proposed Nuclear SMR

      Make Hydrogen in developing nations: share prosperity while meeting our climate goals

      Smart Glasses: experts can monitor and advise on power plant inspections anywhere in the world

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