Bloomberg Law
March 15, 2019, 1:27 PM

Eni Will Plant Forests to Eliminate CO2 From Its Oil Operations

Chiara Albanese
Chiara Albanese
Bloomberg News

Eni SpA committed to eliminating all carbon dioxide emissions from its oil and gas exploration and production operations by the end of the next decade, in part by planting forests on a large scale.

The Italian giant’s plan, which entails planting 20 million acres of forest in Africa, is the latest example of major oil companies bowing to pressure to do more to prevent runaway climate change. Its European peers Total SA and Royal Dutch Shell Plc have also set targets to reduce the carbon emitted from their own operations.

“Our objective is to achieve net zero emissions in our ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.