
The energy giant has pledged to invest more in low carbon technologies and less in oil and gas after acknowledging ‘the world’s carbon budget is finite and running out fast’
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World's First Non-profit Media on Sustainability & Climate Change
The energy giant has pledged to invest more in low carbon technologies and less in oil and gas after acknowledging ‘the world’s carbon budget is finite and running out fast’
source
With governments banning the sale of ICE cars by 2030, the demand for fossil fuels will be dwindling by then anyway, so they have to do that to survive. No commitment about front loading the changes as is imperative.