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Shell’s Energy Transition Speeds Up

: 18 Dec 2017

Summary

  • Royal Dutch Shell doubled down on its previously-announced investments in clean energy earlier this month when its CEO told investors that it has raised this to $2 billion next year.
  • The company also announced its intention to reduced its greenhouse gas emissions by 50% through 2050.
  • While the success of Shell’s proposed energy transition remains uncertain, its plans reflect recent developments in the energy markets and multinational policymaking.
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