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thenational.scot: Environmental group takes legal action against Shell

By Karin Goodwin Reporter: 19 Jan 2020

A GROUNDBREAKING legal case being taken against oil company Shell could have dramatic consequences for the Dutch company’s Scottish North Sea operations, it has been claimed by environmental organisations.

The legal action, being led by Friends of the Earth (FOE) Netherlands on behalf of more than 30,000 people from 70 countries, aims to compel the company to “cease its destruction of the climate”.

Plaintiffs in the case argue that Shell is violating its duty of care and threatening human rights by knowingly undermining the world’s chances to stay below 1.5C, the level agreed to be critical by the 2018 Intergovernmental Panel on Climate Change report. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

BBC News:Climate change: Extinction Rebellion end blockade at Shell’s Aberdeen HQ

Governments and corporations like Shell all agree that my children are facing a catastrophic climate and ecological collapse yet are doing next to nothing to prevent this.”

16 Jan 2020

Extinction Rebellion protesters have ended a blockade at the entrances to Shell’s Aberdeen headquarters.

Activists arrived at the Altens base at about 06:30 and remained at the site until 19:30 in a bid to “hold Shell to account”.

The group said the protest was part of its two-week long campaign targeting the fossil fuel industry.

Shell said it was addressing its emissions and helping customers to reduce theirs.

And industry body Oil and Gas UK (OGUK) said climate change would not be solved by “stunts”. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Washington Post: We live in an age of climate disaster. Now what?

By Ishaan Tharoor with Ruby Mellen

This week, U.S. scientists confirmed what anyone who has been paying attention would probably already know. The 2010s were the hottest decade ever recorded on the planet. 2019 was the second-hottest year ever measured, and the evidence was brutally on show: We saw swaths of Greenland’s ice cap melt into the sea, heat waves blaze through northern Europe, extreme storms and floods batter vulnerable islands and coasts, and epic wildfires scorch vast drought-ridden stretches of the globe. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

CityAM: Channel 4 under fire over BP Paralympics sponsorship

Sunday 12 Jan 2020

Channel 4 has come under fire from climate activists after it announced that BP will sponsor its coverage of the 2020 Paralympic Games in Tokyo.

Environmental evangelists have taken aim at the broadcaster for accepting money from the oil giant, which is one of the world’s largest contributors to fossil fuel emissions.

Read more: Boris Johnson complaint over Channel 4 melting ice sculpture rejected by Ofcom

The deal means Channel 4 will carry BP branding on its coverage of the Paralympics across live TV, online viewing and social media. Toyota is the other main sponsor of the event. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Times: BP and Shell won’t be abandoning fossil fuels any time soon.

The oil majors, particularly in Europe, are ploughing billions into green energy projects. However, their efforts to reduce emissions often look like window dressing.

Royal Dutch Shell spends about $3 billion on its low carbon and electricity businesses, which is roughly a tenth of its research and development budget.

BP said this week it hoped to create five billion-dollar green energy businesses by 2025. But many of its green initiatives are designed to prolong the life of its oil and gasfields, by boosting productivity at wells and managing carbon more efficiently. BP and Shell won’t be abandoning fossil fuels any time soon. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Bloomberg: BlackRock joins $41 trillion investor climate campaign

Last year, BP agreed to report in detail on how its investments are compatible with the Paris climate agreement after shareholders supported a resolution proposed by the activist group. It has also extracted pledges from Royal Dutch Shell and commodities giant Glencore. “This announcement from BlackRock will lead to some uncomfortable shuffling in the board rooms of Big Oil…

BlackRock added its considerable heft to a group of investors that’s pressing the world biggest emitters of greenhouse gases to change their ways.

The addition of the world’s largest fund manager is a significant milestone for Climate Action 100+, bringing total assets under management by its members to more than $41 trillion. The group already has some notable victories in its campaign of engagement with corporate giants that account for more than two-thirds of global industrial emissions.

Last year, BP agreed to report in detail on how its investments are compatible with the Paris climate agreement after shareholders supported a resolution proposed by the activist group. It has also extracted pledges from Royal Dutch Shell and commodities giant Glencore. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

EnergyVoice.com: Equinor, Shell part of new group preparing ocean renewables plan

by 

Equinor and Orsted will lead a new group formed to tackle climate change by accelerating the deployment of offshore renewable energy technology.

Other members of the Ocean Renewable Energy Action Coalition include CWind, Global Marine Group, JERA, MHI Vestas, Mainstream Renewable Power, Shell, Siemens Gamesa, TenneT and The Crown Estate.

The coalition was formed in response to the September 2019 Call for Ocean-Based Climate Action made by the High-Level Panel for a Sustainable Ocean Economy. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

REUTERS: Barclays pressured by shareholders to cut fossil fuel financing

The move comes just days after outgoing Bank of England governor Mark Carney said the financial services industry had been too slow to cut investment in fossil fuels.

Reporting by Lawrence White and Simon Jessop: JAN 8, 2020

LONDON (Reuters) – A group of Barclays (BARC.L) shareholders coordinated by responsible investment lobby group ShareAction want the bank to phase out financing fossil fuels, stepping up pressure on one of Europe’s biggest funders of the sector.

Eleven institutional investors have filed a resolution to be voted on at Barclays’ annual meeting in May, requiring the bank to set out plans to stop providing all financial services to firms not aligned with the Paris climate agreement. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

FD: Why did Shell miss out on the sale of Eneco?

English translation of an article published today by the Dutch FT: Why did Shell miss out on the sale of Eneco?

In retrospect, Shell’s bid was fairly hopeless.

Carel Grol

“We respect this outcome,” said Maarten Wetselaar, CEO of Shell New Energies, after missing out on Eneco. Photo: Peter Kovalev / ANP

In brief

  • Mitsubishi and Chubu have been the new owner of energy supplier Eneco since the end of November.
  • Counter-bidder Shell hoped to take a ‘green blow’ with the acquisition of Eneco.
  • High oil efficiency requirements may have been detrimental to the oil company.

‘Shell must become a greener company? Well here we are. ”

Halfway through January 2019, Maarten Wetselaar, director of Integrated Gas & New Energies at Shell, is confident. The oil and gas company, together with pension fund PGGM, started bidding for Eneco. Even before the energy company is officially for sale. “Eneco is almost a model for what we want to achieve with our renewable energy division,” says Wetselaar.

Many Eneco followers thought the announcement was a smart move. Although Eneco generates a substantial part of its turnover from the gas trade, the company profiles itself as a sustainability champion. It has, rather than most energy companies, invested in wind and solar energy. And Eneco has an oiled marketing device. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

THE SUNDAY TIMES: British Museum freezes out BP as sponsor of show

Extracts from an article by

Dipesh read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

SHELL DOUBTFUL OF ACHIEVING CLEAN ENERGY TARGETS

Published by Industry Global News24: 06 Jan 2020

The Anglo-Dutch company had promised its investors in 2017 that, it will spend $1 bn to $2 bn per year. The fund will be invested in developing a clean energy project till the end of 2020. The company is falling short of the planned $4 billion-$6 billion to be invested between 2016 to end of 2020. This slow progress is likely to raise concerns from environmental groups that oil companies are not contributing to environmental conservation.

Since setting up the “new energies” division, the country has spent approximately $2 billion in setting up a low-carbon energy and electricity production facility. With only a year left to go, the company is far behind the set investment target of $4 bn-$6 bn. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

CHURCH TIMES: Oil company shares? Time to move our investments elsewhere?

by PAUL VALLELY: 03 JANUARY 2020

HERE we are, in 2020, at the start of not just a new year but a new decade. It is one that could prove make-or-break for the dominant challenge of the 21st century: climate change. Will it be a decade of delivery or a decade of disaster?

So, what is the way forward? The director of new energies at Shell, Maarten Wetselaar, outlined its $2-billion plan to transition from fossil-fuels to low-carbon energy. Yet it is still spending $25 billion on oil prospecting.

The world of finance, which holds large amounts of oil-company shares, must exert pressure for that to change. The trouble, says the outgoing governor of the Bank of England, Mark Carney, is that financial firms are “not moving fast enough” away from fossil-fuel investments. Many of those investments, which could rapidly become worthless, are lodged in the pension funds of ordinary people. Perhaps it is time for us to demand that our pension funds move our investments elsewhere. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

The Guardian: Dutch supreme court upholds landmark ruling demanding climate action

In a formal reply in November, Shell denied it was liable. A month earlier the company’s CEO said it had “no choice” but to invest in oil and claimed it was “entirely legitimate” to do so.

Court rules Dutch government has duty to protect citizens’ rights in face of climate change

The Netherlands’ supreme court has upheld a ruling ordering the country’s government to do much more to cut carbon emissions, after a six-year fight for climate justice.

The non-profit Urgenda Foundation, which brought the case, welcomed the “groundbreaking” judgment.

As well as inspiring cases against other national governments, Urgenda’s success has encouraged campaigners to take up legal arms against corporations. In April a group of social and environmental justice groups led by Friends of the Earth Netherlands began the process of suing the oil firm Shell, arguing that its business model threatens international climate goals and endangers human rights. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Shell unveils high-tech eco energy research lab in India

Posted by on December 17, 2019 at 12:00 am

Could farm and city waste could be transformed into clean fuel? Shell unveils giant new high-tech green energy research lab in India

Oil giant Shell opened Friday a high-tech research hub in southern India that is hoping to pioneer the green energy of the future, including ways to transform farm and city waste into clean fuel.

The sprawling facility in the Indian tech capital Bangalore will house 1,500 experts under one roof as Shell expands its research and development operations in Asia.

The 21-hectare hub will host labs and demonstration centres where new ideas can be pursued and tested, and push efforts to transform waste products into low-carbon fuels for transport. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Financial Review: Shell on the growth path after ESCO solar splash

Angela Macdonald-Smith
Angela Macdonald-Smith Senior Resources Writer: Dec 16, 2019

Shell has flagged a hunger for more acquisitions and hinted at interest in pumped hydro generation as it furthers its aggressive expansion into electricity supply in Australia with the purchase of a 49 per cent stake in solar farm developer ESCO Pacific.

The deal, the price of which wasn’t disclosed, follows just weeks after the energy major completed its $617 million acquisition of ERM Power, which launched it into the electricity retailing sector in Australia. It also acquired German household battery supplier sonnen earlier this year. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.

Once Hailed As A Renewable Mecca, Georgetown Hires Shell To Manage Its Energy Portfolio

The City of Georgetown earned international attention a few years ago by becoming the largest city in the U.S. to run completely on renewable power. Now, the city has chosen a subsidiary of Shell Oil to take over management of its energy holdings.

In 2015, when Georgetown went 100% renewable, it signed contracts for more electricity than it needed, hoping to sell the extra power back to the Texas grid for profit. Then energy prices fell; Georgetown lost money and needed to raise rates for its utility customers to cover the cost. read more

royaldutchshellplc.com and its sister websites royaldutchshellgroup.com, shellenergy.website, shellnazihistory.com, royaldutchshell.website, johndonovan.website, shellnews.net and shell2004.com are all owned by John Donovan. There is also a Wikipedia article.
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