"None of the 25 biggest oil and gas companies is on track to meet the goals of the Paris Climate Agreement, according to research released Friday by the climate finance think tank Climate Tracker.
Researchers with the organization scored major fossil fuel companies on five metrics, including investment options, production plans, sanctions on recent products, incentives for remuneration and emissions reduction targets. In each category, the companies scored between 0 and 4, with 4 representing the closest alignment.
They assigned each company a grade of A through H, with A representing the closest to full alignment with Paris goals of keeping warming below 1.5 degrees Celsius, and H representing a strategy aligned with 2.4 degrees or more."
Source: The Hill, 03/26/2024
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