Sunday 14 April 2024

Shelling Out?

In 2021, a Dutch court ruled that oil-giant Shell should, compared to emissions for 2019, release 45% less carbon dioxide into the atmosphere, by 2030. This applied to the emissions of Shell's products (petrol; diesel and natural gas), as well as those directly attributable to extraction, refining etc. Shell was not happy. It now argues the ruling is "ineffective, onerous and does not fit into the existing legal system" (https://www.theguardian.com/environment/2024/apr/12/shell-says-it-lobbies-for-energy-transition-during-climate-ruling-appeal). Energy transition is the move from fossil fuels to renewables. Shell claims it's a 'major player' in this process. It maintains the ruling would make them limit Shell's supply of products before its customers are "able, willing or ready to switch to less fossil fuels". Climate change, they appear to think, is all the customer's fault! Customers would just buy their fossil fuels from someone else! Shell continues to rake in astronomical profits. The company is also still exploring new oil and gas deposits. New extractions would be incompatible with reaching net zero by 2050. None of this sounds like the actions of a 'major player in energy transition'.

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