Scottish Government again misses target for reducing emissions
The Scottish Government has again missed its emissions reduction target, figures show.
The Scottish Government has again missed its emissions reduction target, figures show.
Shell (LON: SHEL) beat analyst forecasts with earnings of $7.7bn in Q1, as the top financial boss asks shareholder support for the oil giant's reduced climate targets.
"World class climate emergency leadership requires more than good intentions and setting ambitious goals."
The Scottish government is to abandon its ambitious climate target of reducing greenhouse gas emissions by 75% by 2030.
Politicians are vowing to roll back green policies and downplaying climate change ahead of key elections on both sides of the Atlantic, casting doubt on whether countries can maintain momentum in the transition away from fossil fuels.
The European Union is at risk of widespread backlash against its climate agenda unless politicians do more to blunt the effects of rising carbon prices on low-income households, according to the head of Germany’s Environment Agency.
Petrofac is working on a “more aggressive” approach to replace its climate targets which are “well out of date”, according to a UK boss.