climate change

Global climate concerns, amplified in the public consciousness by a steady stream of violent weather events such as hurricanes and California wildfires, are generating a new set of realities for the energy industry.

Royal Dutch Shell is changing its tune on carbon, saying it will tie executive pay to shorter-term reductions in emissions.

A dire government report on the far-reaching impact of climate change could increase pressure on the energy industry to curb greenhouse gas emissions and political leaders to act more decisively to reduce the use of fossil fuels, analysts said.

Climate change involves a combination of factors that make it hard for people to get motivated.

The Vatican was host to executives of the world’s top oil companies for a conference on climate change and the transition away from fossil fuels on 9 June.

It’s no secret that oil majors are among the biggest corporate emitters of pollution. What may be surprising is that they’re reducing their greenhouse-gas footprints every year, actively participating in a trend that’s swept up most corporate behemoths.

On 16 June 2017, the Alberta Oil Sands Advisory Group released its report Recommendations on Implementation of the Oil Sands Emissions Limit Established by the Alberta Climate Leadership Plan.

Royal Dutch Shell welcomes the final recommendations set out in a report published on 29 June by the Task Force on Climate-Related Financial Disclosures.

Last year, SPE created a task force to study the topic of climate change and to determine if a public position statement should be created. After a year-long review, it recommended that we not develop a statement on climate change, which was accepted by the SPE Board of Directors in March.

Energy Secretary Rick Perry became the latest senior member of President Donald Trump’s administration to publicly advocate for staying in the Paris climate accord, saying the US should renegotiate the deal and push European nations to take on a larger share of emissions reductions.