EconomyWoodside scraps long-term emissions and clean energy targets after Iran war windfall
Australia’s biggest oil and gas company, Woodside Energy, has abandoned its long-term emissions and clean energy targets after its sales profit rose 27% to $1.67bn amid an oil-price surge linked to the Iran conflict. It is also dropping a commitment to invest $5bn in new energy products by 2030 and is refocusing on fossil fuels under CEO Liz Westcott.
TThe Guardian★★★☆☆2026-08-25 03:29Original
Woodside scraps long-term emissions and clean energy targets after Iran war windfall
Economy