More than half of the world’s top fossil fuel producers will fail to meet climate targets unless they ramp up decarbonisation plans, according to an international team led by The University of Queensland.
An assessment methodology developed by researchers at UQ, Oxford University, Princeton University and the Climate Accountability Institute has tracked the companies’ compliance with the Paris Agreement using publicly available data.
Dr Saphira Rekker from UQ Business School said more than 60 per cent of the top 142 oil, gas and coal companies weren’t aligned with targets to limit global warming to 1.5°C above pre-industrial levels.
Read more at: University of Queensland
Photo Credit: niclagiordano via Pixabay