Tag Archives: “net zero emissions”

ConocoPhillips Has An Ambition Is to Be Net-Zero by 2050-ish — It’s a Start

Last week, ConocoPhillips announced a goal of reducing its emissions to net-zero by 2045-2055.  It’s a significant step and so it is important to note both what is in the plan and what is not.

First, what is in the plan?

  • ConocoPhillips has set a 2030 target of reducing Scope 1 and Scope 2 emissions by 35%-45%
  • It has an “ambition” to be net-zero by 2045-2055
  • It has signed on to a World Bank initiative to eliminate routine flaring by 2030
  • It will implement continuous methane emissions detection
  • It addresses emissions from the use of its products by supporting the Carbon Leadership Council – which presumably means supporting the CLC proposal for a “Carbon Dividends Plan”

All of these are good steps. … More

What’s the Difference Between ExxonMobil and Shell When It Comes To Climate Change? What’s A Trillion Tons (or Tonnes) Among Friends?

Earlier this week, I posted about ExxonMobil’s shareholder disclosure.  The bookend to ExxonMobil’s disclosure is the release of the Trillion Tonne Communique by the Prince of Wale’s Corporate Leaders Group.  The Communique calls for total carbon emissions to be capped at one trillion tons, a level at which the signers have confidence that global temperature increases can be kept at or below two degrees Celsius.… More