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BP's annual shareholder meeting disrupted by climate protestors
May 22, 2019
Source: Reuters

BP's annual shareholder meeting disrupted by climate protestors

Oil and gas group, BP's annual shareholder meeting on Tuesday was disturbed by the protestors. “this is a crime scene” was the frequent noise disrupting the meeting. Shell, on the other hand, has been praised by the investors for its recent emissions policies. Both the companies are working with the shareholders to meet the 2015 Paris climate agreement. BP's overall carbon emission were the highest in 2018 in six years.

Equinor pledges to support 2016 goals of Paris Agreement
April 25, 2019

Equinor pledges to support 2016 goals of Paris Agreement

Equinor has assured its support to the goals of 2016 Paris Agreement. The company said, "Equinor is committed to playing an active and positive role in society’s decarbonisation through engagement, technology, operations, innovation and investments. Our activities do not include direct engagement with end users of products". It has informed about its climate change targets through a statement prepared jointly with other investors participating in the Climate Action 100+ initiative.

Equinor says Paris Agreement goals achievable
June 8, 2018
Source: Energy Voice

Equinor says Paris Agreement goals achievable

Equinor has warned about the slow pace of transition to a low-carbon economy. The company’s chief economist insisted on swift, global and coordinated political action to drive changes in consumer behavior and to shift investments towards low carbon technologies. Equinor believes that Paris Agreement goals are achievable, but anymore delay in the actions will make it very hard to reach them. Paris Agreement caps the global rise in temperature below 2oC.

New Zealand to stop the grant of exploration permits
April 13, 2018
Source: World Oil

New Zealand to stop the grant of exploration permits

With the objective of becoming carbon-neutral by 2050, New Zealand draws a line on the sand with a ban on offshore oil and gas exploration.  Aligning with the Paris targets, this step is important to create a clean, green and sustainable future for the country. However, the opposition has termed it as “economic vandalism”.

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