As most Big Oil majors have recently made commitments to reduce their carbon footprint and help tackle climate change more actively. According to a new report from anti-oil advocacy Oil Change International, however, they are all falling short of Paris Agreement targets. The report uses data from Rystad Energy, the International Energy Agency, the World Energy Council, and the Global carbon project to reveal that on a number of indicators related to climate change the supermajors are way off the mark. Of course, these indicators are, from an industry perspective, questionable. One of them, for instance, is “Stop exploration”. BP is noted as the only major that has made a commitment in this area, after the company said it would stop exploration in new countries. The rest of the majors—Chevron, Eni, Equinor, Exxon, Repsol, Shell, and Total—have made no commitments to any suspension of new exploration. On another indicator, […]