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hatrack

(59,574 posts)
Fri Mar 10, 2017, 09:07 AM Mar 2017

Statoil Announces Cuts Of 20% In GHG Emissions By 2030. Whoop-dee-fucking-doo.

Norwegian oil and gas producer Statoil said on Thursday it aims to cut its annual carbon dioxide emissions by about a fifth from current levels by 2030 as part of global efforts to limit climate change.

It set a goal of cutting 3 million tons of carbon dioxide by 2030 from its 2017 emissions and also said it planned to reduce emissions per barrel of oil produced to 8 kg (17.64 lb) by 2030 from 10 kg (22.05 lb) now.

Statoil's greenhouse gas emissions were the equivalent of 15 million tons of carbon dioxide in 2016, it said, which is roughly three times the emissions from all of Norway's 2.5 million cars. "Statoil is committed to developing its business in support of the ambitions of the Paris agreement," Chief Executive Eldar Saetre said in a statement, referring to the climate accord reached by almost 200 nations in the French capital in 2015.

EDIT

"Statoil deserves a bit of applause," said Nina Jensen, head of the WWF conservation group in Norway. "Three million tons is substantial ... but I think their ambitions should be much higher."

EDIT

http://www.reuters.com/article/us-statoil-emissions-idUSKBN16G1KC

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