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Equinor CEO Anders Opedal
Equinor Net zero Wind Carbon capture
Stuart Penson
10 February 2022
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Equinor steps up emission reduction goals

Norwegian energy group targets faster cuts in group-wide scope one and two emissions

Norwegian energy firm Equinor says it has accelerated its transition to net zero with a pledge to cut its group-wide net scope one and two emissions by 50pc by 2030 compared with 2015 levels. The new target compares with a previous pledge of a 40pc reduction by 2030, announced in early 2020. “Today we launch a step-up of our climate ambitions, focusing on reducing emissions under our own control,” Anders Opedal, president and CEO of Equinor said during the company’s 2021 results presentation. “We aim for 90pc of this to be delivered as absolute reductions.” BP this week also pledged to cut its scope one and two emissions by 50pc by 2030, accelerating from a previous target of 30-35pc. 0.7GW

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Also in this section
US DoE tests DAC technologies
31 March 2023
Two field tests of solid amine sorbent-based DAC systems are currently underway in an effort to increase efficiency and lower costs
Voluntary carbon markets’ growth challenges
31 March 2023
Conference participants voice concerns over public perception and difficulties integrating carbon instruments into broad investment portfolios
UK eyes Cbam as net-zero push accelerates
30 March 2023
Government consults on measures to tackle carbon leakage as it ramps up domestic decarbonisation efforts
Canada extends CCUS tax credit to British Columbia
29 March 2023
Support currently only available to projects in Alberta and Saskatchewan to be extended as part of C$520mn package of policy enhancements

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