Read the latest insights and analysis from the experts at Oil Change International.
A peer reviewed paper, published today in Nature Communications, examines the global decarbonisation scenarios produced by BP, Shell and Equinor and finds they are incompatible with the climate objectives of the Paris Agreement.
In case you missed it, yesterday the International Energy Agency released its hallmark report, World Energy Outlook (WEO) 2019. If the resultant press coverage and social media traffic was any indication, there are growing concerns over the inadequacy of the WEO.
For IEA scenario reform, the devil is in the details. The IEA must develop a 1.5°C scenario that is aligned with the goals of the Paris climate agreement and address the concerns of key WEO users. Anything less would be easy to discount as greenwashing or another example of the pro-fossil fuel bias at the IEA.
Shell’s claims to be a climate leader do not stand up to scrutiny
The IEA is steering the energy system towards catastrophic levels of warming. It continues to promote an energy future headed for around 3 degrees of warming, and acts as if the Paris Agreement never happened
