Equinor plans to halve carbon intensity by 2050

Norwegian oil major Equinor has launched a new climate roadmap for the upcoming period of energy transition, in line with the Paris Agreement.

Equinor said on Thursday that it would reduce the net carbon intensity, from initial production to final consumption, of energy produced by at least 50 percent by 2050.

Also, it would grow renewable energy capacity tenfold by 2026, developing as a global offshore wind major, and strengthen its industry-leading position on carbon-efficient production, aiming to reach carbon neutral global operations by 2030.

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