Woodside has scrapped long-term emissions and clean energy targets
"Woodside Energy has scrapped its long-term emissions and clean energy targets, even after enjoying a period of windfall oil profits caused by the Iran conflict.
Under the new chief executive, Liz Westcott, Woodside is doubling down on fossil fuels while shifting the company further away from clean energy and decarbonisation targets.
The company said that its new energy business would be guided by “customer demand and commercial markets”.
Woodside is one of a growing list of large oil companies amassing profits because of the Iran conflict at the same time as emissions-fuelled climate change affects communities around the world.
A recent run of deadly heatwaves in the northern hemisphere, made more likely and more severe by burning fossil fuels, has reignited calls for those same fossil fuel companies to shoulder the growing environmental costs of rising temperatures."
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