A global goal to achieve net zero carbon emissions by 2050 will not be met without a huge acceleration in clean energy innovation, the International Energy Agency says.
As executives gather in Rio de Janeiro ahead of a blockbuster offshore oil auction, a mysterious crude spill is raising questions about whether Brazil's oil industry is growing faster than the government's ability to police it.
Exxon Mobil Corp is not required to let its shareholders vote on setting greenhouse gas targets, the U.S. Securities and Exchange Commission said on Tuesday, agreeing with the company's request to reject the proposal.
Exxon Mobil Corp is trying to block an investor proposal that calls on the world's largest publicly traded oil company to set targets for lowering its greenhouse gas emissions, two of the investor groups involved said on Sunday.
A number of institutional investors in ExxonMobil Corp have said they will file a shareholder resolution which calls on the world's largest oil company to set targets for lowering its greenhouse gas emissions.
The European Union's climate chief called for the bloc to take the lead and aim for net-zero greenhouse gas emissions by 2050 in its climate strategy published on Wednesday, ahead of key U.N. talks on curbing global warming.
Divisions within Europe and tension between the United States and China pose major challenges to the next round of United Nations talks on climate change.
