Scaling Renewables: the converging world of Oil & Gas and the Clean Energy Supermajors
Scaling Renewables: the converging world of Oil & Gas and the Clean Energy Supermajors As part of the increasing focus on climate change, several regions and countries have announced targets and pledges to reach net-zero emissions by mid-century and limit warming to 1.5°C. According to the Climate Action Tracker, countries responsible for around 63% of emissions are now considering or have adopted net zero targets. These pledges point to a major boost for renewable power investment. The IEA’s Sustainable Development Scenario – which assumes the planet will achieve net-zero later than mid...