Former U.S. Vice President Al Gore is hopeful China and the United States will set aside their differences at U.N. climate change talks in Glasgow, just as they came together in 2015 to help hammer out the Paris Agreement.
Chevron has pledged to limit the pace of growth of its carbon emissions that contribute to climate change, but has not set longer-term targets to achieve net zero as many European oil companies have done.
Qantas Airways Ltd and BP PLC on Thursday announced a strategic partnership to reduce carbon emissions in the aviation sector in Australia as part of their goals to become carbon neutral companies by 2050.
Investors are judging how well energy companies have reoriented their businesses to cut emissions as they weigh activists' calls for divestment, climate finance specialists said.