Shell says new ‘Brazil-sized’ forest would be needed to meet 1.5C climate goal
Shell’s new ‘Sky 1.5’ scenario has scaled up nature-based solutions, but the oil-and-gas major’s pathway is nearly identical to the Paris Agreement’s ‘well-below 2C’ goal, an analysis by Carbon Brief revealed.
For the first time, Shell has released a “pathway” showing how the world could potentially meet the Paris Agreement’s ambitious goal of limiting global warming to 1.5C.
This marks a significant shift in attitude towards action on climate change, given that only six years ago executives at the oil-and-gas major were sceptical about warming not breaching 2C. It now says that the 1.5C goal could be achieved by 2100 with CO2 emissions reaching “net-zero” by 2058.
A pivotal moment came in 2018 when Shell outlined a “plausible” route to meeting the Paris Agreement’s “well-below 2C” goal, including seeing “peak oil” in 2025 with “peak gas” following a decade later.
However,…
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