Global oil giants, including Shell and BP, won’t back urgent EU plans to tackle climate breakdown. Despite claiming to back Paris Agreement plans to reduce carbon emissions, oil multinationals dodged key questions ahead of an EU summit. This will propose a plan for an “EU-wide target of net zero emissions by 2050”. This vital step is urgently needed to limit climate catastrophe.
The European Commission says the proposal, which would set an EU-wide target of net zero emissions by 2050, is needed if global warming is to be limited to 1.5 °C in line with the Paris climate change accord.
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