Learn more

Increasing fossil fuel production is highly rewarded at most of the world’s largest oil and gas producers, despite their ambitious climate targets, according to a report from the financial think tank, Carbon Tracker. The study entitled, ‘Crude Intentions II’, analyses the 2022 policy of incentives at 25 of the largest publicly-listed companies by production volume based outside Russia. It found that only one of these companies – Occidental Petroleum – doesn’t promise extra pay for such growth. The worst offendersDespite a growing number of companies rewarding executives for preparing for the t…

cuu