Climate Change App Store Hits the Market
The new offering is designed to measure and provide options for carbon management.
Carbon Tracker
Carbon Tracker Report: Fossil Fuel Demand Will Peak Soon
Fossil fuel demand is likely to peak in the 2020s due to the rapid global energy transition to renewables and battery storage, a new report from Carbon Tracker Found. The results will be “colossal,” according to the London-based not-for-profit financial think tank.
Exxon Unprepared for Low-Carbon Energy Future, Report Says
ExxonMobil is not preparing for an energy transition to limit climate change, according to a Carbon Tracker Initiative report that says the oil giant’s inaction puts investors at risk. In March, under pressure from Arjuna Capital and shareholder advocacy group As You Sow, Exxon agreed to publish risks that stricter ... Read more »
Investor Group Pressures Fossil Fuel Companies to Calculate Climate Risk
A group of 70 investors with more than $3 trillion of collective assets under management is pressuring fossil fuel companies to calculate the financial risks that climate change poses to their business plans. The investor campaign, called the Carbon Asset Risk initiative, sent letters to 45 of the world’s top ... Read more »
S&P Warns of Credit Downgrade for BP, Shell, Others
Oil and gas companies including BP and Shell will likely see declines in cash flows and credit downgrades if world leaders implement policies to limit GHG emissions, according to a study by Carbon Tracker and Standard & Poor’s. What A Carbon-Constrained Future Could Mean For Oil Companies’ Creditworthiness looks at ... Read more »