mo4ch:>Climate change: Study pours cold water on oil company net zero claims | Mo4ch News

Climate change: Study pours cold water on oil company net zero claimsBy Matt McGrathEnvironment correspondent 12 May 2020 Related TopicsUK climate change protests Image copyrightGetty ImagesClaims by oil and gas companies that they are curbing their carbon emissions in line with net zero targets are overstated, according to a new review.The independent analysis of six large European corporations acknowledges they have taken big steps on CO2 recently.In April, Shell became the latest to announce ambitious plans to be at net zero for operational emissions by 2050.But the authors say none of the companies are yet aligned with the 1.5C temperature goal.Can coronavirus crisis spur a green recovery?BP profits dive 66% as coronavirus hits oil demandShell cuts dividend for first time since WW2Don't forget 'deeper emergency', says UN chiefThe research has been carried out by the Transition Pathway Initiative (TPI), an investor-led group which investigates how companies are preparing f…