Woodside Scraps $5 Billion Clean-Energy Plan and Scope 3 Target to Push LNG
Woodside Energy will scrap its $5 billion clean-energy investment target by 2030, retire its scope three emissions-abatement goal, and redirect capital to LNG and other fossil fuel expansion. The company cites changing customer appetite for lower-carbon products and says the move changes how projects are prioritized. Net income rose 27% to $1.7 billion in the first half of 2026.