India's top oil companies slide on net-zero goals to slash emissions
They have ambitious targets, but are still to outline how they'll get there or their funding plans
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India’s top oil companies, led by explorer Oil and Natural Gas Corporation (ONGC) and refiner IOC, have set some of the most ambitious net-zero goals on the planet, well ahead of India’s plans to slash emissions -- the national target of 2070 is the farthest among major nations.
Goals to slash emissions are at least a decade ahead of what BP, Total, Exxon, Chevron and Shell have announced. Indian state-owned majors propose to deal with low-hanging fruit, Scope 1 and 2 -- or operational -- emissions well before India’s 2070 time frame. Scope 3 or indirect emissions, which is by far the biggest,
Goals to slash emissions are at least a decade ahead of what BP, Total, Exxon, Chevron and Shell have announced. Indian state-owned majors propose to deal with low-hanging fruit, Scope 1 and 2 -- or operational -- emissions well before India’s 2070 time frame. Scope 3 or indirect emissions, which is by far the biggest,
Topics : Indian Oil