Research
We carry out scenario analysis to examine and understand how potential changes to supply and demand will impact the future of fossil fuel-exposed companies and projects. This analysis helps the investment community better understand the financial implications of tackling climate change
Popular Reports
How to waste over half a trillion dollars: The...
Coal
12 March 2020
2020 Vision: why you should see the fossil fuel peak...
Energy transition
10 September 2018
Handbrake Turn
Oil
31 January 2020
Fanning the Flames: How executives continue to be...
Oil
13 March 2020
Gas
Blog
31 March 2020
The transition in a time of turmoil
COVID-19 continues to shake the global economy, and energy markets are no exception. Oil in particular finds itself caught between the...
Oil
Analyst Note
13 March 2020
Fanning the Flames: How executives continue to be...
Company pay practice doesn’t yet live up to climate ambition, with the gap between stated ambition and demonstrable action widening. The...
Oil
Blog
28 February 2020
Why the oil sector shouldn’t reinvent itself through renewables
The piece originally was posted to LGIM Future World Blog on February 26, 2020. It is reprinted with permission. By Nick Stansbury,...
Oil
Blog
14 February 2020
BP’s Net Zero Ambition: Deciphering the Code
Amid ever-increasing concerns over climate risks, BP is the latest European oil and gas company to announce a climate goal with their net...
Oil
Analyst Note
31 January 2020
Handbrake Turn
The cost of failing to anticipate an Inevitable Policy Response to climate change In this report, we look at the Inevitable Policy...
Oil
Blog
04 December 2019
Repsol’s net zero ambition: joining the dots
Repsol has just announced a shift in strategic direction – to become a net zero emissions company by 2050. This move extends their...Popular Reads
How to waste over half a trillion dollars: The economic implications of deflationary renewable energy for coal power investments
We carry out scenario analysis to examine and understand how potential changes to supply and demand will...
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2020 Vision: why you should see the fossil fuel peak coming
We carry out scenario analysis to examine and understand how potential changes to supply and demand will...
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To deflate the carbon bubble and protect investors, oil & gas companies must shrink The world’s listed oil and gas majors...
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Carbon Tracker's mission is to align investors strategies to climate change action. We recognise that there is...
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Once upon a time – the 1990s if you are interested -- there was a wondrous oil company called Exxon. It was run by a clever...
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This report provides an update to our 2017 and 2018 "2 Degrees of Separation" reports, along with an updated methodology. The...
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The following piece originally was posted to Oilprice.com on March 3, 2019. It is reprinted with permission. Investors are...
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The UK Climate Change Committee (CCC) has reported on its recommended targets for the UK to reduce its greenhouse gas emissions...
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Why shareholders should rethink executive reward For much of the early part of this century, the oil and gas industry was in...
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In this study we review the remuneration practice used in the oil and gas industry and look at alignment with either growth or...
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Why carbon intensity ambitions are welcome, but strict limits on future project sanction remain the route to Paris...
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This blog originally appeared on the IEEFA website By Tom Sanzillo, Kathy Hipple and Clark Williams-Derry Invest in the...
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By Paul Spedding BP chief executive Bob Dudley is at risk of being branded an altruist if his “Oil and Money” speech to...
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Carbon capture and storage, or CCS, refers to technologies that allow us to capture CO2 at the source of its production and...
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One of the questions we are most frequently asked by investors is – how can we tell if a company is “Paris compliant”? This...
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This report updates our 2 Degrees of Separation report, published in June 2017 2 Degrees of Separation laid out a framework...
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EV Oil Demand Displacement Interactive Tool This report and accompanying interactive tool look exclusively at...
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Trial and Error: Occidental’s first stab at climate-related risks
Climate risk disclosure Blog March 2018Summary Occidental neglects demand fundamentals in its 2°C analysis and opts for the foregone conclusion of a test against...
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This study updates our report 2 Degrees of Separation, and for the first time quantifies risk of overinvestment under a 1.75ᵒC...
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ExxonMobil's Energy and Carbon Summary is a step in the right direction, but lacks clarity across a number of...
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A PDF version of this paper is available here. As low-carbon policies and technologies continue to advance, companies,...
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If you read just one thing this year…… first, it’s December! What took you so long?......second, make it this. Much...
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Headlines Growth of electric vehicles (EVs) in scenarios developed by some oil majors is ten years behind the level expected...
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What does a 2°C scenario mean for future refining capacity? In this paper, we look at how a scenario for oil demand that is...
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Explore the report webpage: 2degreeseparation.com This report, produced by Carbon Tracker, Principles for Responsible...
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Unexpectedly, the oil and gas love-in that is CERAWeek saw the latest round of climate risk disclosure emerging from the oil...
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The 12 Days of Carbon Tracker Well…that was different. 2016 has been quite the year of change. A year of political events that...
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Even if oil prices rise in the aftermath of the OPEC agreement on cutting production, the oil industry should be wary of...
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Why a 2°C business model is less risky than 'business-as-usual' for oil companies. The business model for many companies in the...
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Carbon Tracker’s reports and blogs are available in seven different languages: Arabic -...
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U.S. and European oil and gas companies are under increasing pressure from shareholders to stress test their businesses against a...
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Oil majors could be worth up to $140 billion more by aligning production with climate targets
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A series of recent Forbes articles intend to cast doubt on the relevance of stranded asset risks to investors. Mark Fulton,...
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In 2016, the Kingdom of Saudi Arabia has a major opportunity to develop a new industry, an opportunity that became something of...
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By Paul Spedding, Former Global Co-Head of Oil And Gas Research at HSBC and Advisor to Carbon Tracker. First appeared on...
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Just because one of Britain's best loved vehicles rolled off the production line for the last time last week doesn't...
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Stranded Assets a Response: Myth or Reality? Late last year respected British economist Dieter Helm dismissed the concept of...
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The data is clear – the energy transition is underway, and the direction of travel is away from fossil fuels. But not everyone...
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Is Royal Dutch Shell, one of the world’s biggest oil and gas companies, really turning its back on fossil fuels? Not only has...
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Petrobras’ recent launch of a notional $2.5 billion worth of 100-year bonds has been viewed as evidence that investors,...
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First appeared in BusinessGreen As the world’s top financiers gather in Paris ahead of International Climate Finance Day on...
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The steep fall in the price of oil since the middle of last year has brought volatility back to the market with a vengeance,...
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The 2015 Oil Spending Review is in Full Swing With oil prices collapsing to between $50/$60 a barrel (at the...
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Over the past 18 months the Carbon Tracker Initiative has written a number of studies on the economics of the controversial...
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During 2014, following in the footsteps of Shell and ExxonMobil, oil and gas industry association IPIECA published a “fact...
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Carbon Tracker Initiative's Anthony Hobley argues that far from being a disaster for clean tech, low oil prices could aid...
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Carbon Tracker comment on US-China climate change agreement “For Carbon Tracker, today’s announcement of the “joint...
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Shell underestimates risk for up to $77 bln of high cost oil projects The Carbon Tracker Initiative (CTI) and Energy...
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This report is a risk analysis which provides a tool for the majority of investors who cannot simply divest, so they can...
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Exxon: Is business as normal the right strategy? Earlier this month, ExxonMobil published a document entitled, “Energy and...
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Carbon Tracker respond to the US Department of State's Final Supplemental Environmental Impact Statement (FSEIS) with our new...
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The fourth in the series of Carbon Tracker's Unburnable Carbon reports, focuses on Brazil - a country with the fascinating...
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This new research from Carbon Tracker and the Grantham Research Institute on Climate Change and the Environment at LSE calls...
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Carbon Tracker and Standard & Poors have been working together on the implications of carbon constraints for credit ratings...
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This is the original report which pioneered the concept of the 'Carbon Bubble'. This award-winning analysis by Carbon...
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