Carbon Tracker: How Oil and gas majors are 'gambling' their future on risky carbon capture projects

Michael Holder
clock • 5 min read
An oil refinery in the US | Credit: iStock
Image:

An oil refinery in the US | Credit: iStock

Carbon Tracker warns oil firms' climate strategies lack credibility as they largely focus on offsetting, CCS, and direct air capture rather than emissions cuts

Most of the world's top oil and gas giants are failing to target absolute cuts in their emissions and are instead "gambling" on risky strategies that rely on emerging measures such as carbon capture and...

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