As profits and prices plummet, the oil conglomerates – some of the world’s biggest companies – have been warned they must change their ways or face extinction.
Despite aggressive attempts to convince the public otherwise, new analysis of the vast body of research shows 97% of scientists agree that human activities are fueling climate change.
Low oil prices have reduced pressure to exploit Arctic fossil fuels and boosted hopes that the region’s fragile environment and indigenous people may be better protected.
Carbon dioxide emissions appear to be stalling - have we reached the holy grail of economic decoupling? Caution is needed to avoid complacency and to find strategies that deliver a real impact.