Nearly two-thirds of the top fossil fuel producers in Australia and the world aren’t on track for 1.5℃ climate target
- Written by: Saphira Rekker, Senior Lecturer in Sustainable Finance, The University of Queensland
ShutterstockRapid reductions in fossil fuel production and use are essential to limit global warming to 1.5℃ compared to pre-industrial levels. Our new research shows most of the world’s major coal, oil and gas companies are yet to make meaningful reductions.
Some companies have been quick to announce net-zero targets or other claims...