The Carbon Tracker Initiative launched a report according to which in order to “deflate” the carbon and protect investors, oil and gas companies have to shrink, meaning that they have to combine their production by more than a third by 2040 to limit emissions, in line with the international climate targets.
Overall, the international climate targets aim to a zero-carbon shipping future and a more green and sustainable environment. The Paris Agreement states that nations have to limit warming to...
https://safety4sea.com/how-oil-and-gas-companies-become-paris-agreement-compliant/