Honeywell’s Post

Despite corporate messaging touting a low-carbon future, many of the world's top #oilandgas companies are failing to meet global climate goals. And they're making plans to expand

Technologies that capture carbon dioxide emissions to keep them from the atmosphere are central to the climate strategies of many world governments as they seek to follow through on international commitments to decarbonize by mid-century. https://loom.ly/AbqUFPw

“Previous studies have also found that big oil’s climate plans are insufficient to achieve global climate goals, including 2023 analysis from research and advocacy group Oil Change International. Both reports, said David Tong, global industry campaign manager at Oil Change International, provide evidence that “governments must step in to manage the phaseout of the oil and gas industry” Many oil and gas companies tout the importance of reducing our individual carbon footprint in the battle against global warming. While this is a step in the right direction, it's not enough to save our planet. Collective action from these powerful private entities is necessary to ensure a livable future. #ClimateChange #CollectiveAction #Sustainability #ClimateJustice #Environmental #CleanEnergy #BigOil

In the relentless battle against climate change, innovative solutions are crucial to mitigate the impact of rising greenhouse gas emissions. 🌍 Here we look at the fundamental advantages of Direct Air Capture with five compelling reasons this technology is fast becoming a game-changing solution in the fight against climate change.🔁 #directaircapture #dac #carboncapture #emissionsreduction #climatechange #climatetechnology

Journey to Net Zero - Are we moving in the right direction? A recent study uncovered that just 57 producers in oil & gas, coal, and cement industries have been responsible for a staggering 80% of the world's global fossil CO2 emissions post the 2016 Paris climate agreement. This emphasizes the crucial role these industries hold in combating climate change. Urgent action from these key players is vital to effectively address the climate crisis. #ClimateChange #FossilFuelEmissions #ParisAgreement #Environment https://lnkd.in/gSwdkxCZ

We would be confronted by one extreme event after another and with global emissions accelerating instead of slowing down. On the other, we hear how renewable energy is rapidly expanding and the country’s deployment of climate adaptation or mitigation strategies. Taking these opposing developments together would make us wonder where the world stands regarding climate actions, leading us to ask these questions: #climatechange #climatechangereport #climaterisk https://lnkd.in/g7CD4tQ3

#CarbonRemoval takes center stage! A decade ago, it was a side note; today, it's crucial. The IPCC report underscores its significance, stating that achieving net-zero greenhouse gas emissions demands substantial reductions in CO2, methane, and other emissions, ultimately leading to net-negative CO2 emissions. As we navigate the complex landscape of climate change, it's clear that embracing #carboncapture and storage is not just a choice; it's a necessity. #ClimateAction #CarbonRemoval #netzero #greenhousegas #CO2 #emissions #IPCC https://lnkd.in/gXSVmnVx

National Oil Companies, Climate Commitments, and Methane - Reducing methane emissions from the oil and gas industry is one of the most immediate and effective ways to slow the pace of global warming

For #ClimateWeek, here's an IPCC flashback: With each working group report, the IPCC has only become clearer on the role these technologies must play in mitigating greenhouse gas emissions – and with 2030 fast approaching – it’s time to act and deploy these solutions responsibly, efficiently, & with urgency.” More from us on #carbonmanagement and #climate here:  https://lnkd.in/erzhRPfW

Carbon capture…. a vital tool in the broader strategy to combat climate change and move towards sustainable energy systems.