Energy & Science
Gas Producer’s Net Zero Pledge Challenged in Court by Activist
- Group alleges Santos energy claims are misleading or deceptive
- Australian producer is targeting net zero emissions by 2040
A Santos Ltd. pilot well in Narrabri, Australia.
Photographer: Brendon Thorne/BloombergThis article is for subscribers only.
Australian oil & gas producer Santos Ltd. will be challenged in court on its claim to have a “clear and credible” path to net zero greenhouse gas emissions from its operations, in a case brought by a climate activist group.
The Adelaide-based company engaged in misleading or deceptive conduct when it said in its 2020 annual report that natural gas provides clean energy, the Australasian Centre for Corporate Responsibility alleged in proceedings filed to a federal court on Wednesday. The group also called into question Santos’ plan to reach zero emissions by 2040.