Skip to main content

Sustainable Business

Top oil exporter Saudi Arabia targets net zero emissions by 2060

COP26 · October 24, 2021 · 4:52 AM UTC

Saudi Arabia's crown prince said on Saturday that the world's top oil exporter aims to reach "net zero" emissions of greenhouse gases, mostly produced by burning fossil fuels, by 2060 - 10 years later than the United States.

Energy
Exxon calls for carbon price, working on CCS projects across Asia
COP26
Carbon needs to cost at least $100/tonne now to reach net zero by 2050: Reuters poll
Sustainable Business
Australia's iron ore majors to start sexual harassment prevention in schools
COP26
Climate inaction costlier than net zero transition: Reuters poll
Energy
Saudi Arabia wants to be top supplier of hydrogen - energy minister
Energy
Woodside to spend over $745 mln on hydrogen, ammonia plant

Talking Points

ICYMI

New Zealand became the first country to require banks, insurers and investment managers to report the impacts of climate change on their businesses… Costs, curbs and quarantine rules are making it pretty hard for climate activists to get to COP26… And Black people and women made big gains last year in joining U.S. corporate boards, a report says 

COP26
Bahrain aims to reach net zero carbon emissions in 2060 - BNA
COP26
Rocky Mountain high: U.S. looks to Colorado for methane emissions policy
Business
Mineral Resources to restart Wodgina mine as EV demand boosts lithium prices

Mineral Resources Ltd will restart operations at the Wodgina lithium mine it owns with Albemarle Corp next year, the Australian miner said on Monday, on improving demand for the metal used in making electric vehicle (EV) batteries.

COP26
Australian coalition gov't junior partner gives preliminary support for net zero
Energy
Singapore seeks proposals to test renewable energy use for Jurong Island - minister

Singapore's Energy Market Authority (EMA) and JTC Corporation (JTC) will launch a S$6 million ($4.46 million) request for proposal to test renewable energy, energy storage systems and low carbon solutions on its Jurong Island, a minister said on Monday.

COP26
Aramco aims for net zero emissions from operations by 2050, CEO says
Change Suite
In corporate crackdown, U.S. SEC takes aim at executive pay
COP26
Pragmatic approach needed for climate action, oil and gas remain important, says ADNOC CEO
COP26
Snam CEO hopes COP26 will provide definition for blue hydrogen
COP26
Saudi SABIC targets carbon neutrality by 2050 - statement

Petrochemicals giant Saudi Basic Industries Corp (SABIC) announced plans on Saturday to meet carbon neutrality by 2050, the company said in a statement on the sidelines of the Saudi Green Initiative summit.

Europe
ECB urged to tighten trading rules for policymakers
Americas
EXCLUSIVE Canada says proposed U.S. EV tax credit could harm sector, mulls possible challenge
Energy
Big Oil to attend U.S. House climate disinformation hearing