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Exxon Mobil CEO calls on COP28 to focus on reducing emissions – not phasing out fossil fuels –

May 8, 2025 by istri

Exxon Mobil CEO Darren Woods said on Saturday the “issue” countries need to focus on at the COP28 climate summit is reducing emissions. For many at the summit, COP28 can only be considered a success if there is an agreement to “phase out” all fossil fuels. “I think what society should focus on is the … [Read more…]

Posted in: Business Tagged: calls, CEO, COP28, emissions, Exxon, focus, Fossil, fuels, Mobil, phasing, reducing

This new satellite will record CO2 emissions from companies – Le Vif

July 14, 2024 by istri

The new satellite, called Vanguard, is so precise that it can measure the CO2 emissions of every power plant and factory. This will provide governments and companies with a wealth of information on how to reduce emissions. Vanguard launched last weekend from the Vandenberg space station in California on a SpaceX Falcon rocket. The new … [Read more…]

Posted in: Technology Tagged: CO2, companies, emissions, Record, Satellite, Vif

From 2030, emissions from the oil sector will be capped

December 9, 2023 by istri

The Trudeau government is introducing a cap-and-trade system for greenhouse gas emissions in the oil and gas sector that will force reductions of 35 to 38 percent starting in 2030 compared to the high levels of 2019. Given the 171 megatons of CO2 released in 2019, Ottawa wants to increase the amount to 106 or … [Read more…]

Posted in: Business Tagged: capped, emissions, oil, sector

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