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Article

2 Jun 2015

Author:
Pilita Clark & Ed Crooks, Financial Times (UK)

European oil & gas companies seek to engage with UN to help devise global carbon pricing system to combat climate change

"European energy groups seek UN backing for carbon pricing system", 31 May 2015

Six of Europe’s largest oil and gas companies have banded together for the first time to ask the UN to let them help devise a plan to stop global warming.  In a sign of the rising pressure on fossil fuel companies ahead of a UN meeting in Paris to seal an international climate deal, the chief executives of groups including Royal Dutch Shell and Britain’s BP have sought direct talks with governments on creating a global carbon pricing system. “We owe it to future generations to seek realistic, workable solutions to the challenge of providing more energy while tackling climate change,” the executives say in a letter to the FT revealing their plan...[Also refers to BG Group, Chevron, Eni, Exxonmobil, Statoil, Total]