Influential oil company scenarios for combating climate change don’t actually meet the Paris Agreement goals, our new analysis shows

In recent years, they have added visions for how climate change might be addressed, including scenarios that they claim are consistent with the international Paris climate agreement. These scenarios are hugely influential. They are used by companies making investment decisions and, importantly, by policymakers as a basis for their decisions.

By Robert Brecha, Gaurav Ganti

View More Influential oil company scenarios for combating climate change don’t actually meet the Paris Agreement goals, our new analysis shows

Oil price shocks have a long history, but today’s situation may be the most complex ever

The world is in the grip of an oil price shock. In just a few months, prices have risen from US$65 a barrel to over $130, causing fuel costs to surge, inflationary pressure to rise and consumer tempers to flare. Even before Russia’s invasion of Ukraine, prices were climbing rapidly because of roaring demand and limited supply growth.

By Scott L. Montgomery

View More Oil price shocks have a long history, but today’s situation may be the most complex ever