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Carbon Tracker Initiative @carbontracker.bsky.social · 12/08/2025

“Oil companies are no longer growth plays.” That’s not alarmism. It’s the new market reality. Mark Campanale shares blunt evidence #FossilFuel giants are shrinking. Not because they want to. Because the clean energy future is moving on without them www.youtube.com/watch?v=9bBj...

youtube.com

The Oil Age Is Ending: We're Watching It “Shrink Gracefully" with Mark Campanale

“Fossil fuel companies are quietly shrinking, not collapsing, but contracting by design.” Mark Campanale, Founder & Director of the Carbon Tracker Initiative, joins Nik Gowing to highlight the…

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Carbon Tracker Initiative @carbontracker.bsky.social · 11/08/2025

Our new report with Carbon Transition Analytics shows Tata Steel’s European arm has a clear decarbonisation plan—while the Indian arm does not. $24bn in Indian projects face high carbon lock-in risk unless ‘future proof’ blast furnaces are deployed carbontracker.org/reports/meas...

carbontracker.org

Measuring Transition: Tata Steel - Carbon Tracker Initiative

Tracking Technology in the Indian Steel Sector This is the second report in our series that...

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Carbon Tracker Initiative @carbontracker.bsky.social · 07/08/2025

Tata #Steel's 2045 #NetZero goal is bold—but our latest report with Carbon Transition Analytics shows a mismatch with coal-heavy expansion plans in India. Without a credible shift to cleaner blast furnace tech, $24b in new projects risks locking in high #emissions carbontracker.org/reports/meas...

carbontracker.org

Measuring Transition: Tata Steel - Carbon Tracker Initiative

Tracking Technology in the Indian Steel Sector This is the second report in our series that...

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Carbon Tracker Initiative @carbontracker.bsky.social · 29/07/2025

Growing steel production is vital for India’s development goals. Avoiding carbon lock-in during this rapid expansion will require support from transition finance, concessional finance, and government initiatives. To access, Indian steel companies need credible transition plans.

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Carbon Tracker Initiative @carbontracker.bsky.social · 23/07/2025

BMW is a relative leader in the EV transition, with robust 2030 targets and progress on BEV rollout via its Neue Klasse platform (launching 2025).

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/07/2025

It’s important to note that like NGFS long-term scenarios, the short-term scenarios exclude the plausible possibility of triggering climate tipping points – thus ignoring the potential for catastrophic risks carbontracker.org/new-ngfs-sho...

carbontracker.org

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/07/2025

Default probabilities rise significantly for high-capital and high-debt sectors, with increases of more than 10 percentage points in the power supply sector carbontracker.org/new-ngfs-sho...

carbontracker.org

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/07/2025

NGFS short-term scenarios explore possible occurrence of a sequence of plausible but extreme weather events in one region, causing substantial GDP losses, with effects on the global economy. Losses peak at 12.5% of GDP in Africa carbontracker.org/new-ngfs-sho...

carbontracker.org

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/07/2025

Our latest blog reviews Network for Greening the Financial System (NGFS) short-term climate scenarios, which following user feedback from the financial community, provide 4x narrative scenarios – exploring economic damages from climate change 2025-2030 carbontracker.org/new-ngfs-sho...

carbontracker.org

New NGFS Short-Term Scenarios For Central Banks & Supervisors - Carbon Tracker Initiative

The Network for Greening the Financial System (NGFS) is comprised of 144 central banks and supervisors,...

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Carbon Tracker Initiative @carbontracker.bsky.social · 19/06/2025

“There simply isn’t enough land available for the level of afforestation needed to offset #FossilFuel-related #emissions” says Rich Collett-White at Carbon Tracker. “Pursuing anywhere near that level of afforestation risks increasing food prices" www.newscientist.com/article/2485...

newscientist.com

Offsetting global fossil fuel stores by planting trees is impossible

Trees would have to be planted on a vast proportion of global land mass to offset the carbon dioxide emissions from burning the world’s fossil fuel reserves

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Carbon Tracker Initiative @carbontracker.bsky.social · 10/06/2025

In the U.S there are approx. 2.3m unplugged wells that could cost $280b to address. #Oil well plugging has been undermined by insufficient financial assurances, free transfer of wells & lax enforcement carbontracker.org/reports/solv...

carbontracker.org

Solving the Oil Field Paradox - Carbon Tracker Initiative

A solutions framework: solving the orphan well problem requires systemic solutions The “oil field paradox” refers...

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Carbon Tracker Initiative @carbontracker.bsky.social · 10/06/2025

Oil companies are walking away from wells before the clean-up bill comes due, transferring financial risks onto the state & taxpayers. The solutions framework seeks to solve this problem carbontracker.org/reports/solv...

carbontracker.org

Solving the Oil Field Paradox - Carbon Tracker Initiative

A solutions framework: solving the orphan well problem requires systemic solutions The “oil field paradox” refers...

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Carbon Tracker Initiative @carbontracker.bsky.social · 06/06/2025

Growing #steel production is vital for India’s development goals. Avoiding carbon lock-in during this rapid expansion will require credible transition plans. Learn more: carbontracker.org/reports/meas...

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Carbon Tracker Initiative @carbontracker.bsky.social · 20/05/2025

Rob Schuwerk, report author said: “California has taken a critical first step. It should now ensure that all [#oil🛢️ well] operators – not just sellers – are financially prepared to fulfil their clean up responsibilities” carbontracker.org/reports/clos...

carbontracker.org

Closing the Oil Well Transfer Loophole - Carbon Tracker Initiative

The Impact of California’s Orphan Well Prevention Act on the transfer of oil well cleanup liabilities...

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Carbon Tracker Initiative @carbontracker.bsky.social · 20/05/2025

New report: ‘Closing the Oil Well Transfer Loophole’ from Carbon Tracker & Redwater Insights finds substantially reduced flow of low-producing #oil🛢️ wells to lower-producing companies, reducing taxpayer risk buff.ly/WJnifDZ

buff.ly

Closing the Oil Well Transfer Loophole - Carbon Tracker Initiative

The Impact of California’s Orphan Well Prevention Act on the transfer of oil well cleanup liabilities...

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Carbon Tracker Initiative @carbontracker.bsky.social · 14/05/2025

Saudi Aramco’s $10b dividend cut the canary in the coalmine for petrostates🛢️ Warning sign of structural strains which will test fiscal sustainability of #oil export nations. With fiscal breakeven >$90 barrel & prices closer to $60, to cut payouts? or pile on more debt? www.ft.com/content/19cb...

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Carbon Tracker Initiative @carbontracker.bsky.social · 17/04/2025

Are investors Flying Blind on #ClimateRisks in audit reports? 'Disabling Autopilot on Audit reports' analyses 140 audit reports from highly #carbon-exposed companies 🔍 Most audit reports lack transparency on whether auditors assessed #ClimateRisks carbontracker.org/reports/flyi...

carbontracker.org

Flying Blind: Disabling Autopilot for Audit Reports - Carbon Tracker Initiative

Improving audit report transparency in the face of climate and transition-related risks Carbon Tracker’s Flying Blind...

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Carbon Tracker Initiative @carbontracker.bsky.social · 08/04/2025

Climate backsliding has increased in recent weeks, coinciding with US🇺🇸 administration shifting from renewables to oil & gas production. Equinor & Eni both increased production targets within 1month of the Trump administration’s day1 ExecOrders backing O&G buff.ly/tI1ukBF

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Carbon Tracker Initiative @carbontracker.bsky.social · 08/04/2025

Report author Rich Collett-White said:“Most #oil & #gas producers are ignoring peaking demand & remain far from Paris-alignment. Investors — whether they have a climate mandate or not — should think twice about locking in risky new production for short-term gain” carbontracker.org/reports/pari...

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Carbon Tracker Initiative @carbontracker.bsky.social · 08/04/2025

'Paris Maligned 3' reviews #oil & #gas🛢️companies & finds they’re not aligned with Paris climate goals, based on 6 key metrics: -#Methane (new), -Investment Options, -Recent Project Sanctions, -Production Plans, -#Emissions Targets, -#ExecPay, buff.ly/tI1ukBF

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Carbon Tracker Initiative @carbontracker.bsky.social · 08/04/2025

European producers bp, #Eni, #Equinor, #Shell & #Total scores have declined since 2024 as a result of increased & longer-term, production targets. #bp fell from top position, prev a “D” grade, down to an “F”, having abandoned its target to curb O&G🛢️production 📈 buff.ly/tI1ukBF

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Carbon Tracker Initiative @carbontracker.bsky.social · 08/04/2025

Today we’re releasing the 3rd vintage of our ‘Paris Maligned’ report & scorecard - enabling investors to judge whether #oil & #gas companies are aligned with the #ParisAgreement - based on 6 key metrics (now incl #methane)

carbontracker.org

Paris Maligned III - Carbon Tracker Initiative

A temperature check on the oil and gas sector’s climate alignment, 10 years on from the...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/04/2025

📢 Asset owners, asset managers, & proxy advisors should engage with O&G companies in their portfolios to demand more clarity on #ExecPay & have their “say on pay” during the 2025 #AGM season carbontracker.org/reports/crud...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/04/2025

🧰 Only #bp, #Eni, Expand Energy, #Repsol, #Shell, and #TotalEnergies have disclosed their executive remuneration 💵 plans prospectively carbontracker.org/reports/crud...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/04/2025

⏳The vesting periods of most #ExecPay equity awards continued to span just 3 years, despite assets taking up to 10 years to develop & producing 🛢️ for decades - a near universal mismatch carbontracker.org/reports/crud...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/04/2025

📈 Combinations of direct & indirect growth metrics at most oil & gas majors remained at the top end of the range in our universe, excl NOCs 💰 None of the execs were incentivised to plan for a managed decline 📉 in oil & gas production volumes, even in long term carbontracker.org/reports/crud...

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Carbon Tracker Initiative @carbontracker.bsky.social · 02/04/2025

Our new report on #ExecPay: 'Crude Intentions III' by Said Ashrafkhanov finds - from a universe of 30 of the world’s largest #oil & #gas🛢️producers: ❌ all 10 national oil companies (NOCs) failed to sufficiently disclose their #ExecutivePay 💵 plans

carbontracker.org

Crude Intentions III: One step forward, one step back in executive remuneration policies in oil and gas - Carbon Tracker Initiative

With demand for hydrocarbons expected to peak this decade, oil and gas companies seeking to manage...

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Carbon Tracker Initiative @carbontracker.bsky.social · 04/03/2025

Covering 97 companies in 5 key markets: Australia 🇦🇺 , EU 🇪🇺 , Japan 🇯🇵 , UK 🇬🇧 & US 🇺🇸 our new report underscores the crucial role of regulators in driving high-quality financial statements & audit reports investors, regulators & policymakers can rely on buff.ly/wYE1nTO

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Carbon Tracker Initiative @carbontracker.bsky.social · 04/03/2025

Carbon Tracker’s latest research highlights significant jurisdictional disparities in the extent to which companies & auditors inform investors about whether they are reflecting the impacts of #ClimateRisk & the #EnergyTransition in reporting buff.ly/wYE1nTO

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Carbon Tracker Initiative @carbontracker.bsky.social · 27/02/2025

The shift to battery ⚡️ electric 🚛 trucks represents a vast opportunity for sales & revenue growth as truck fleet operators replace existing diesel🛢️fleets with battery 🔋electric 🔌 (BEV) alternatives buff.ly/3ETWdBv

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Carbon Tracker Initiative @carbontracker.bsky.social · 27/02/2025

As the current global HDV fleet is almost exclusively fuelled by diesel ⛽️, Carbon Tracker forecasts transition to BEVs will result in oil 🛢️ demand destruction of 2.5 mbpd by 2036 📉 buff.ly/3ETWdBv

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Carbon Tracker Initiative @carbontracker.bsky.social · 27/02/2025

Our new autos report: ‘Re-Fleeting Revolution' finds within a decade, the battery electric⚡️ Heavy Duty Vehicles (HDV) market is expected to be larger than the ICE ⛽️ equivalent, with revenues for electric truck & bus sales reaching more than $320b by 2035 📈

buff.ly

Re-Fleeting Revolution: Delivering Financial Returns in the Electric Heavy Duty Vehicle Transition - Carbon Tracker Initiative

Introduction: This report analyzes the financial implications and opportunities of transitioning the global heavy-duty vehicle (HDV) fleet...

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Reposted by Carbon Tracker Initiative

Carbon Tracker Initiative @carbontracker.bsky.social · 31/01/2025

🛢️ 📉 Can petrochemical demand replace decline in oil demand? Watch Here 👉 lnkd.in/eXmmVpe6 Report author and associate analyst, Saidrasul Ashrafkhanov, explains more in our latest webinar. Remember to like and subscribe to know when our newest work is released.

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Carbon Tracker Initiative @carbontracker.bsky.social · 31/01/2025

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Carbon Tracker Initiative @carbontracker.bsky.social · 30/01/2025

Energy giant SSE ‘shamed’ into reassessing the climate harm posed by plans for a new #gas-CCS power station in Peterhead Scotland. Carbon Tracker research showed pollution from the project could be one million tonnes higher than in submitted EIA documents news.stv.tv/north/energy-giant-sse-…

news.stv.tv

Energy giant 'shamed' into new climate assessment for gas plant development

Campaigners believe the project is ‘incompatible’ with Scotland’s environmental commitments.

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Carbon Tracker Initiative @carbontracker.bsky.social · 29/01/2025

📢 Last chance to register for our webinar 3pm GMT today: Petrochemical Imbalance - hear from author Said Ashrafkhanov why chemicals are unlikely to prop up #oil demand 📉 buff.ly/40VD5fa #Petchem

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Carbon Tracker Initiative @carbontracker.bsky.social · 28/01/2025

Britain is on course to fall far short of 2030 targets for developing new solar & wind power, despite the government’s efforts to lift barriers & boost the industry, according to new Cornwall Insights analysis

buff.ly

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Carbon Tracker Initiative @carbontracker.bsky.social · 28/01/2025

As the planet heats, Barcelona 🇪🇸 is projected to see the highest temperature-related death toll in Europe by the end of the century at 246,082, followed by two Italian 🇮🇹 cities: Rome with a projected 147,738 projected deaths & Naples with 147,248

buff.ly

Where in Europe could see the most temperature-related deaths by 2099?

A new study debunked theories climate change could be ‘beneficial’ for temperature-related deaths as Europe warms.

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Carbon Tracker Initiative @carbontracker.bsky.social · 27/01/2025

"As the world warms & weather becomes more extreme, the traditional commercial insurance system is looking like a decreasingly viable way to protect against the prospect of fire, flood & other natural disasters" buff.ly/3PVNQaE #ClimateRisk

buff.ly

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Carbon Tracker Initiative @carbontracker.bsky.social · 26/01/2025

“While govt funding remains essential to our mission, contributions [like Bloomberg] are vital in enabling UN #ClimateChange secretariat to support countries fulfil commitments under the #ParisAgreement & a low-emission, resilient, safer future 4 everyone”

buff.ly

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Carbon Tracker Initiative @carbontracker.bsky.social · 25/01/2025

Institute of Civil Engineers warn: UK roads, rail networks & other infrastructure are not ready for #ClimateChange & economic & safety risks can’t even be estimated without more information. Adaptation measures must move up the govt agenda

buff.ly

UK infrastructure isn’t climate-crisis ready | Letters

Letters: The UK’s road, rail and other vital networks are threatened by global warming, warns Dr Janet Young

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Carbon Tracker Initiative @carbontracker.bsky.social · 24/01/2025

Don't look up - 'mine the asteroid' thinking from The Economist | "A warming Arctic should yield enormous dividends. Retreating ice will create shipping shortcuts. Maritime access & melting glaciers will make it easier to extract minerals" buff.ly/3WAwvIb #ClimateCrisis

buff.ly

The Arctic: climate change’s great economic opportunity

An enormous prize is on offer. When might it be grasped?

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Carbon Tracker Initiative @carbontracker.bsky.social · 23/01/2025

To date, the vast majority of institutional capital has gone to climate mitigation. However, as climate-change-related impacts increasingly disrupt economies, climate adaptation considerations will play a bigger role in portfolio risk management & investment decisions.

buff.ly

Asset owners focus on climate adaptation as heat rises

Donald Trump’s return to the White House highlights the need for asset owners to factor in climate adaptation, as well as mitigation

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Carbon Tracker Initiative @carbontracker.bsky.social · 22/01/2025

Donald Trump declares an 'energy emergency.' But will more #FossilFuel extraction really cut energy bills?, or will it increase the risks of asset stranding? buff.ly/4jp6TYE

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Carbon Tracker Initiative @carbontracker.bsky.social · 22/01/2025

Join Richard Folland our Head of Policy & Engagement at The Net Zero Investor DC Forum, January 30 | Richard will be speaking on the panel: Brave new world? – The UK policy environment for #NetZero investing buff.ly/3WCfbTp

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Carbon Tracker Initiative @carbontracker.bsky.social · 21/01/2025

Fears of divergence in climate ambition mount, with increased scrutiny of AMs seen as key to ensuring #NetZero progress. Mark Campanale: “US political action is actually a blow for US fund manager competitiveness, with U.S managers at a disadvantage with EU clients"

buff.ly

Asset Owners Plug NZAM Gap with Stronger Fiduciary Oversight - ESG Investor

Fears of divergence in climate ambition mount, with increased scrutiny of NZAM members seen as key to ensuring net zero progress.

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Carbon Tracker Initiative @carbontracker.bsky.social · 21/01/2025

Mark Campanale noted: The Paris withdrawal is also an issue for banks & money managers caught between the U.S. climate retreat & pressure from Europe to deliver faster on climate goals there: "Will they risk losing EU clients to keep U.S politicians happy?

buff.ly

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Carbon Tracker Initiative @carbontracker.bsky.social · 21/01/2025

With Trump again withdrawing the U.S from the Paris Agreement "In the UK, the Bank of England warned three years ago that, should 2050 climate targets not be met, about 7% of UK households would be forced to go without insurance due to unavailability or expense"

buff.ly

Natural disaster home insurance: Lessons learned from LA wildfires

As the scale of uninsured losses from the Los Angeles wildfires becomes clear, are insurers ready for a climate change-induced ‘new normal’?

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