Industry welcomes UK government’s decision to not fight oil field legal challenges
Although the decision is ‘significant’ there is still no guarantee the development won’t go ahead
Although the decision is ‘significant’ there is still no guarantee the development won’t go ahead
Leads to discrepancies in investment portfolio carbon footprinting
Comes as 2024 Banking on Climate Chaos report shows Barclays increased fossil fuel spending in 2023
Banks need to walk away from key clients to put oil and gas policy into practice