“Oil companies are no longer growth plays.” That’s not alarmism. It’s the new market reality. Mark Campanale shares blunt evidence #FossilFuel giants are shrinking. Not because they want to. Because the clean energy future is moving on without them www.youtube.com/watch?v=9bBj...

The Oil Age Is Ending: We're Watching It “Shrink Gracefully" with Mark Campanale

“Fossil fuel companies are quietly shrinking, not collapsing, but contracting by design.” Mark Campanale, Founder & Director of the Carbon Tracker Initiative, joins Nik Gowing to highlight the…

youtube.com

Our new report with Carbon Transition Analytics shows Tata Steel’s European arm has a clear decarbonisation plan—while the Indian arm does not. $24bn in Indian projects face high carbon lock-in risk unless ‘future proof’ blast furnaces are deployed carbontracker.org/reports/meas...

Measuring Transition: Tata Steel - Carbon Tracker Initiative

Tracking Technology in the Indian Steel Sector This is the second report in our series that...

carbontracker.org

Tata #Steel's 2045 #NetZero goal is bold—but our latest report with Carbon Transition Analytics shows a mismatch with coal-heavy expansion plans in India. Without a credible shift to cleaner blast furnace tech, $24b in new projects risks locking in high #emissions carbontracker.org/reports/meas...

Measuring Transition: Tata Steel - Carbon Tracker Initiative

Tracking Technology in the Indian Steel Sector This is the second report in our series that...

carbontracker.org

Growing steel production is vital for India’s development goals. Avoiding carbon lock-in during this rapid expansion will require support from transition finance, concessional finance, and government initiatives. To access, Indian steel companies need credible transition plans.

BMW is a relative leader in the EV transition, with robust 2030 targets and progress on BEV rollout via its Neue Klasse platform (launching 2025).

It’s important to note that like NGFS long-term scenarios, the short-term scenarios exclude the plausible possibility of triggering climate tipping points – thus ignoring the potential for catastrophic risks carbontracker.org/new-ngfs-sho...

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

carbontracker.org

Default probabilities rise significantly for high-capital and high-debt sectors, with increases of more than 10 percentage points in the power supply sector carbontracker.org/new-ngfs-sho...

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

carbontracker.org

NGFS short-term scenarios explore possible occurrence of a sequence of plausible but extreme weather events in one region, causing substantial GDP losses, with effects on the global economy. Losses peak at 12.5% of GDP in Africa carbontracker.org/new-ngfs-sho...

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

carbontracker.org

Our latest blog reviews Network for Greening the Financial System (NGFS) short-term climate scenarios, which following user feedback from the financial community, provide 4x narrative scenarios – exploring economic damages from climate change 2025-2030 carbontracker.org/new-ngfs-sho...

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

carbontracker.org

“There simply isn’t enough land available for the level of afforestation needed to offset #FossilFuel-related #emissions” says Rich Collett-White at Carbon Tracker. “Pursuing anywhere near that level of afforestation risks increasing food prices" www.newscientist.com/article/2485...

Offsetting global fossil fuel stores by planting trees is impossible

Trees would have to be planted on a vast proportion of global land mass to offset the carbon dioxide emissions from burning the world’s fossil fuel reserves

newscientist.com

In the U.S there are approx. 2.3m unplugged wells that could cost $280b to address. #Oil well plugging has been undermined by insufficient financial assurances, free transfer of wells & lax enforcement carbontracker.org/reports/solv...

Solving the Oil Field Paradox - Carbon Tracker Initiative

A solutions framework: solving the orphan well problem requires systemic solutions   The “oil field paradox” refers...

carbontracker.org

Oil companies are walking away from wells before the clean-up bill comes due, transferring financial risks onto the state & taxpayers. The solutions framework seeks to solve this problem carbontracker.org/reports/solv...

Solving the Oil Field Paradox - Carbon Tracker Initiative

A solutions framework: solving the orphan well problem requires systemic solutions   The “oil field paradox” refers...

carbontracker.org

Growing #steel production is vital for India’s development goals. Avoiding carbon lock-in during this rapid expansion will require credible transition plans. Learn more: carbontracker.org/reports/meas...

Rob Schuwerk, report author said: “California has taken a critical first step. It should now ensure that all [#oil🛢️ well] operators – not just sellers – are financially prepared to fulfil their clean up responsibilities” carbontracker.org/reports/clos...

Closing the Oil Well Transfer Loophole - Carbon Tracker Initiative

The Impact of California’s Orphan Well Prevention Act on the transfer of oil well cleanup liabilities...

carbontracker.org

New report: ‘Closing the Oil Well Transfer Loophole’ from Carbon Tracker & Redwater Insights finds substantially reduced flow of low-producing #oil🛢️ wells to lower-producing companies, reducing taxpayer risk buff.ly/WJnifDZ

Closing the Oil Well Transfer Loophole - Carbon Tracker Initiative

The Impact of California’s Orphan Well Prevention Act on the transfer of oil well cleanup liabilities...

buff.ly

Saudi Aramco’s $10b dividend cut the canary in the coalmine for petrostates🛢️ Warning sign of structural strains which will test fiscal sustainability of #oil export nations. With fiscal breakeven >$90 barrel & prices closer to $60, to cut payouts? or pile on more debt? www.ft.com/content/19cb...

Are investors Flying Blind on #ClimateRisks in audit reports? 'Disabling Autopilot on Audit reports' analyses 140 audit reports from highly #carbon-exposed companies 🔍 Most audit reports lack transparency on whether auditors assessed #ClimateRisks carbontracker.org/reports/flyi...

Flying Blind: Disabling Autopilot for Audit Reports - Carbon Tracker Initiative

Improving audit report transparency in the face of climate and transition-related risks Carbon Tracker’s Flying Blind...

carbontracker.org

Climate backsliding has increased in recent weeks, coinciding with US🇺🇸 administration shifting from renewables to oil & gas production. Equinor & Eni both increased production targets within 1month of the Trump administration’s day1 ExecOrders backing O&G buff.ly/tI1ukBF

Report author Rich Collett-White said:“Most #oil & #gas producers are ignoring peaking demand & remain far from Paris-alignment. Investors — whether they have a climate mandate or not — should think twice about locking in risky new production for short-term gain” carbontracker.org/reports/pari...

'Paris Maligned 3' reviews #oil & #gas🛢️companies & finds they’re not aligned with Paris climate goals, based on 6 key metrics: -#Methane (new), -Investment Options, -Recent Project Sanctions, -Production Plans, -#Emissions Targets, -#ExecPay, buff.ly/tI1ukBF

European producers bp, #Eni, #Equinor, #Shell & #Total scores have declined since 2024 as a result of increased & longer-term, production targets. #bp fell from top position, prev a “D” grade, down to an “F”, having abandoned its target to curb O&G🛢️production 📈 buff.ly/tI1ukBF

Today we’re releasing the 3rd vintage of our ‘Paris Maligned’ report & scorecard - enabling investors to judge whether #oil & #gas companies are aligned with the #ParisAgreement - based on 6 key metrics (now incl #methane)

Paris Maligned III - Carbon Tracker Initiative

A temperature check on the oil and gas sector’s climate alignment, 10 years on from the...

carbontracker.org

📢 Asset owners, asset managers, & proxy advisors should engage with O&G companies in their portfolios to demand more clarity on #ExecPay & have their “say on pay” during the 2025 #AGM season carbontracker.org/reports/crud...

🧰 Only #bp, #Eni, Expand Energy, #Repsol, #Shell, and #TotalEnergies have disclosed their executive remuneration 💵 plans prospectively carbontracker.org/reports/crud...

⏳The vesting periods of most #ExecPay equity awards continued to span just 3 years, despite assets taking up to 10 years to develop & producing 🛢️ for decades - a near universal mismatch carbontracker.org/reports/crud...

📈 Combinations of direct & indirect growth metrics at most oil & gas majors remained at the top end of the range in our universe, excl NOCs 💰 None of the execs were incentivised to plan for a managed decline 📉 in oil & gas production volumes, even in long term carbontracker.org/reports/crud...

Our new report on #ExecPay: 'Crude Intentions III' by Said Ashrafkhanov finds - from a universe of 30 of the world’s largest #oil & #gas🛢️producers: ❌ all 10 national oil companies (NOCs) failed to sufficiently disclose their #ExecutivePay 💵 plans

Crude Intentions III: One step forward, one step back in executive remuneration policies in oil and gas - Carbon Tracker Initiative

With demand for hydrocarbons expected to peak this decade, oil and gas companies seeking to manage...

carbontracker.org

Oil companies are dropping renewable goals — but more importantly [given they were never going to 'lead' the #EnergyTransition], they're still expanding supply of #FossilFuels

Oil companies are dropping renewable goals — and more importantly, expanding fossil fuels

While oil companies drop their pledges to look into sustainable energy, it's important to remember they were never big in that market.

buff.ly

Covering 97 companies in 5 key markets: Australia 🇦🇺 , EU 🇪🇺 , Japan 🇯🇵 , UK 🇬🇧 & US 🇺🇸 our new report underscores the crucial role of regulators in driving high-quality financial statements & audit reports investors, regulators & policymakers can rely on buff.ly/wYE1nTO

Carbon Tracker’s latest research highlights significant jurisdictional disparities in the extent to which companies & auditors inform investors about whether they are reflecting the impacts of #ClimateRisk & the #EnergyTransition in reporting buff.ly/wYE1nTO