Energy company Royal Dutch Shell told
investors that it aims to stop adding greenhouse
gases to the atmosphere by 2050, a move that
was welcomed by some climate campaigners
even as others called it “corporate greenwash.”
The British-Dutch oil and gas giant said in a
statement that it wants to achieve “net zero”
emissions from production by mid-century “at
the latest.”
Shell also said that it will set a stricter 30%
target for reducing the net carbon footprint
of its energy products by 2030, from 20%
currently, and aim for a cut of 65% by 2050,
from 50% at present.
Emissions of carbon dioxide and methane from
the extraction, refining and burning of fossil
fuels are one of the main drivers of man-made
global warming.
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