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Posts under ‘Climate Change’

Shell Says It’s Considering Climate Change Risks And Trying To Reduce Flaring In Nigeria

Extracts from a International Business Times article by Meagan Clark published 20 May 2014 Netherlands-based oil giant Royal Dutch Shell told investors in the Hague on Tuesday that the company considers climate change in its decisions and that its efforts to reduce natural gas flaring in Nigeria, a main cause of pollution in West Africa, […]

Will Pension Funds continue to risk Investment in Shell?

Extracts from a Reuters article published 19 May 2014 under the headline: Shell says fossil fuel reserves won’t be ‘stranded’ by climate regulation LONDON, May 19 (Reuters) – Royal Dutch Shell has dismissed the possibility that its proven oil or gas reserves will become unusable as a result of climate change regulation, saying fossil fuels […]

Construction hits midway point on Shell’s Quest carbon-capture project

Extract from an article by David Howell by the Edmonton Journal on 17 April 2014 FORT SASKATCHEWAN — Construction on Shell Canada’s Quest carbon capture and storage project is at the midway point and the facility should be ready to start operating in late 2015, company officials said Thursday. Quest will be the world’s first […]

BT, Shell and corporates call for trillion tonnes of carbon to stay in the ground

Extract from an article published Tuesday 8 April 2014 by The Guardian newspaper Unilever, Shell, BT, and EDF Energy are among 70 leading companies today calling on governments across the globe to step up efforts to tackle climate change. The companies, which have a combined turnover of $90bn, say the world needs a “rapid and […]

Four Remarkable Revelations About Big Oil in 2013

Perhaps the most surprising disclosure of them all came earlier this month, when Shell made its rift with the global coal industry public, admitting to an Australian newspaper that its lobbying efforts may have influenced the World Bank’s decision in July to restrict financing of new coal power stations, except in “rare circumstances.” Recent disclosures […]

Large Companies Prepared to Pay Price on Carbon

ExxonMobil, ConocoPhillips, Chevron, BP and Shell, all major contributors to the Republican party… Shell, a co-owner of the Motiva oil refinery in Port Arthur, Tex., has added climate-related carbon taxes to its long-term budgets. Michael Stravato for The New York Times By CORAL DAVENPORT:  A version of this article appears in print on December 5, […]

Shell Oil Self-Imposes Carbon Pollution Tax High Enough To Crash Coal, Erase Natural Gas’s Value-Add

Comment received on this article: Shell hypocrisy at its best… Shell claim to price carbon emissions at $40/ton, but then ignore the conclusions! By Joe Romm on November 21, 2013 at 5:36 pm Royal Dutch Shell includes a high price for carbon dioxide when evaluating new projects. The $40 a metric ton price that Shell […]

Alaska Hunts Oil as Arctic Damage Shows Most Change From Climate

Robert Blaauw, Royal Dutch Shell Plc’s senior Arctic adviser, says his company is interested in the Arctic not for today but for 2050 — when power use will have doubled and two-thirds of energy will still come from fossil fuels. By John Lippert – Oct 2, 2013 10:47 PM GMT+0100 Extracts from extensive Bloomberg Markets […]

Of Shell, spill plans and sea ice

As Shell was being granted carte blanche for industrial recklessness on ice, new warnings were surfacing from scientists about the fate of the Arctic that couldn’t be any starker. In Nature, ice scientists examined the potentially catastrophic impacts of plausible Arctic thawing and the release of a giant methane bubble under the ice of the […]

North Sea leaks ‘reality check’ for British oil industry, says Greenpeace

Britain’s offshore rigs and platforms have leaked oil or other chemicals into the North Sea on 55 occasions over the past month alone, challenging claims by the industry that it has a strong safety and environmental record. Among the fields to have reported pollution discharges is Piper Alpha, the scene of the world’s worst offshore […]

Shell CEO Calls for Europe Carbon Reduction Target Extension

By Eduard Gismatullin – Jun 5, 2013 3:55 PM GMT+0100 Royal Dutch Shell Plc Chief Executive Officer Peter Voser said Europe needs to extend its targets for curbing greenhouse gases and promoting renewable energy by a decade through 2030. “To actually change things you need time and we are a little bit concerned if you […]