Woodside claims its emissions are falling – but only by using the ‘last resort’ of offsets | Temperature Check

A detailed reading of the company’s climate change report reveals a different picture from that of its headline claims

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Australia’s biggest oil and gas company, Woodside, came out with its annual climate change report this week.

“Woodside aims to thrive through the energy transition by building a low-cost, lower-carbon, profitable, resilient and diversified portfolio,” the company said, while also reporting an eye-watering $7.7bn profit for 2022.

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