Printed below is an English translation of an article published today by the Dutch Financial Times, Financieele Dagblad.
Shell Study: climate neutral in 2070 if everything goes well
From our editor • Entrepreneurship
Shell itself calls it ‘ambitious’. Only with a ‘complex combination of mutually reinforcing factors’, supported by society, markets and governments, can the world be climate neutral by 2070. That presents the oil and gas company in its latest scenario study. Name: Sky.
Everywhere has been taken into account. Governments are going to put a price on CO₂ rights (sometime next decade), intercontinental flights on hydrogen (after 2040) and deforestation will come to an end (after 2060). Consequence: in just over fifty years the world will no longer emit CO₂.