NationofChange
Shellâs ‘delusional’ net zero strategy commits $8 billion to fossil fuels
âShellâs comprehensive carbon management approachâ is yet another proof of the little interest that this polluting company has to reduce its emissions.â
Shellâs new net zero strategy is âgrotesqueâ and includes an âimpossibleâ reliance on tree-planting, campaigners have claimed.
The oil major today revealed an âacceleratedâ strategy to reduce oil production and decarbonize its products by 2050.
Shellâs oil production peaked in 2019, the company confirmed. Under
the new plans, oil and gas production would fall 55 percent by 2030,
with an âexpected gradual reductionâ in oil production of one to two