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Not too late to curb climate change cost

Climate change: Big emitters shun new carbon reduction program

Faking climate action will be the main game at major gas conference

15 June 2021 Every fossil fuel company in the world is struggling to cope with climate change. Not the actual, real-world phenomenon, which they’re actively worsening – but the social, cultural and economic changes that arise as we try to undo the damage. Recently, the International Energy Agency put out a report that examined what’s required to reach net zero emissions in energy by the year 2050. Unsurprisingly, that included ending exploration for new coal, oil and gas: existing mining operations already supply enough to meet demand as it rapidly declines, in a net zero scenario. It was well known prior, but the IEA taking this position was a significant moment.

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