Petronas announces net-zero ambition

MALAYSIAN national oiler Petronas has announced an aspirational target of net-zero emissions by 2050 – the first state-owned southeast Asian energy company to do so. PetroChina made a similar announcement in September.

Petronas announces net-zero ambition Petronas announces net-zero ambition Petronas announces net-zero ambition Petronas announces net-zero ambition Petronas announces net-zero ambition

Announcement high on ambition, scant on detail

 

The company has already vowed to reduce its greenhouse gas emissions to 49.5 million tonnes of CO2 equivalent by 2024- in contrast its CO2 emissions for 2019 alone totalled 47.9 million tonnes.