FACTBOX-Big Oil’s climate targets | Reuters

 (Adds new Total targets)
    Sept 30 (Reuters) - France's Total said on Wednesday it aims to reduce
emissions from the burning of its oil and gas products to below the level they had in 2015 by
2030, with an interim goal of slashing around a third off its European direct and indirect
emissions by 2030 before reaching net zero in 2050. 
    Rivals such as BP or Royal Dutch Shell have similar targets covering
emissions from oil products such as diesel or gasoline.
    Top oil and gas companies sell more than they refine and produce themselves by buying
from third parties.
    All their targets depend on offset markets as well as carbon capture and storage
technology not yet used on a commercial scale.
    Intensity-based targets measure the amount of GHG emissions such as methane or carbon
dioxide per unit of energy or barrel of oil and gas produced. That means that 
Read More
Read More