Carbon Tracker Initiative
@carbontracker.bsky.social
Carbon Tracker is an independent financial think tank that carries out in-depth analysis on the impact of the energy transition on capital markets and the potential investment in high-cost, carbon-intensive fossil fuels.
Visit: https://carbontracker.org
Visit: https://carbontracker.org
Pinned
🛢️ 📉 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.
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.
“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...
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...
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…
www.youtube.com
August 12, 2025 at 3:00 PM
“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...
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...
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...
Measuring Transition: Tata Steel - Carbon Tracker Initiative
Tracking Technology in the Indian Steel Sector This is the second report in our series that...
carbontracker.org
August 11, 2025 at 9:45 AM
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...
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...
Measuring Transition: Tata Steel - Carbon Tracker Initiative
Tracking Technology in the Indian Steel Sector This is the second report in our series that...
carbontracker.org
August 7, 2025 at 4:15 PM
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...
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.
July 29, 2025 at 10:01 AM
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.
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).
July 23, 2025 at 8:32 AM
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).
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...
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,...
carbontracker.org
July 2, 2025 at 6:03 PM
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...
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...
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,...
carbontracker.org
July 2, 2025 at 5:04 PM
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...
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...
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,...
carbontracker.org
July 2, 2025 at 3:05 PM
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...
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...
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,...
carbontracker.org
July 2, 2025 at 1:00 PM
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...
“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...
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
www.newscientist.com
June 19, 2025 at 5:06 PM
“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...
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...
Solving the Oil Field Paradox - Carbon Tracker Initiative
A solutions framework: solving the orphan well problem requires systemic solutions The “oil field paradox” refers...
carbontracker.org
June 10, 2025 at 4:35 PM
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...
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...
Solving the Oil Field Paradox - Carbon Tracker Initiative
A solutions framework: solving the orphan well problem requires systemic solutions The “oil field paradox” refers...
carbontracker.org
June 10, 2025 at 4:06 PM
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...
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...
June 6, 2025 at 9:30 AM
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...
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...
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...
carbontracker.org
May 20, 2025 at 7:35 PM
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...
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
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...
buff.ly
May 20, 2025 at 7:05 PM
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
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...
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...
May 14, 2025 at 9:54 AM
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...
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...
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...
'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...
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...
carbontracker.org
April 17, 2025 at 10:35 AM
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...
'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...
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
April 8, 2025 at 1:55 PM
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
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...
April 8, 2025 at 11:30 AM
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...
'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
-#Methane (new),
-Investment Options,
-Recent Project Sanctions,
-Production Plans,
-#Emissions Targets,
-#ExecPay,
buff.ly/tI1ukBF
April 8, 2025 at 10:30 AM
'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
-#Methane (new),
-Investment Options,
-Recent Project Sanctions,
-Production Plans,
-#Emissions Targets,
-#ExecPay,
buff.ly/tI1ukBF
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
April 8, 2025 at 9:25 AM
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)
Paris Maligned III - Carbon Tracker Initiative
A temperature check on the oil and gas sector’s climate alignment, 10 years on from the...
carbontracker.org
April 8, 2025 at 8:00 AM
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)
📢 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...
April 2, 2025 at 8:45 AM
📢 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...
🧰 Only #bp, #Eni, Expand Energy, #Repsol, #Shell, and #TotalEnergies have disclosed their executive remuneration 💵 plans prospectively carbontracker.org/reports/crud...
April 2, 2025 at 8:20 AM
🧰 Only #bp, #Eni, Expand Energy, #Repsol, #Shell, and #TotalEnergies have disclosed their executive remuneration 💵 plans prospectively carbontracker.org/reports/crud...
⏳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...
April 2, 2025 at 8:05 AM
⏳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...