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Posts under ‘Renewable Energy’

We’re going to need a bigger planet

The oil company Shell would need to use 28.6m hectares (70.7m acres) of land – an area roughly the size of Italy – to offset 35% of its emissions by 2050 using such techniques…

The Guardian

We’re going to need a bigger planet: the problem with fixing the climate with trees

Maanvi Singh: Sat 13 Nov 2021 06.00 GMT

As the United Nations Cop26 climate conference in Glasgow winds down, many world leaders and corporate boards are embracing an increasingly popular idea to solve climate change: trees. read more

royaldutchshellplc.com and its also non-profit 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.

Giant Dutch Pension Fund ABP Dumping Shell Sin Stock

The Washington Post

Big Oil’s Friday Feeling Will Pass

By Liam Denning | Bloomberg: 30 Oct 2021

Extracts

The inverse of the world’s anxiety about winter energy shortages is higher prices, portending a good fourth quarter to follow. As an added bonus, it provides a schadenfreude-inflected counterargument on days like Thursday. Exxon CEO Darren Woods mentioned it in his opening remarks to the House Oversight Committee to emphasize the difficulty of moving away from fossil fuels.

As an added added bonus, one of those oil majors moving a bit more quickly than most, Royal Dutch Shell Plc, has attracted the attention of an activist, Third Point LLC’s Dan Loeb, calling for it to split its green operations (plus gas) from its old oil business. read more

royaldutchshellplc.com and its also non-profit 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 Oil president pressed on whether warming is ‘existential threat’

The Washington Post

Shell Oil president pressed on whether warming is ‘existential threat’

By Maxine Joselow 12:04 p.m.

Gretchen Watkins, president of Shell Oil, would not concede under questioning that climate change poses an “existential threat” to the nation and the world, even as the oil company rolled out a new pledge to cut planet-warming emissions early Thursday.

“I agree climate change is one of the biggest challenges in the world today, which is why at Shell, we’re in action,” Watkins said. read more

royaldutchshellplc.com and its also non-profit 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 says break-up of group would not work in real life

REUTERS

Shell says break-up of group would not work in real life

  • Activist shareholder Loeb called for break-up of Shell
  • Investors question whether split would work
  • New climate target is absolute, not intensity-based

LONDON, Oct 28 (Reuters) – Royal Dutch Shell (RDSa.L) hit back on Thursday against an activist fund’s call for the company to break up, with top executives saying its businesses operate better together than apart.

Reporting by Shadia Nasralla; additional reporting by Svea Herbst Bayliss and Simon Jessop; Editing by David Gaffen, Jason Neely, Mark Potter, Barbara Lewis, Christina Fincher and Marguerita Choy read more

royaldutchshellplc.com and its also non-profit 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.

Polluting oil giants BP and Shell still using cloak and dagger activity to target perceived enemies

Introduction by John Donovan: Printed below is a news story published by openDemocracy with links to related coverage by City AM and The Times. The Sunday Times published a related article in 2001 headlined MI6 ‘Firm’ Spied on Green Groups. That undercover activity targeted Greenpeace and other perceived enemies of Shell and BP. Like BP, Shell is also still using covert intelligence activity. SEE Shell’s failed blundering attempt to kill my royaldutchshell.website

Also related: Top spy takes early retirement from MI6… only to be hired by BP… read more

royaldutchshellplc.com and its also non-profit 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.

Joe Lycett vs The Oil Giant – John Donovan segment

By John Donovan

Channel 4 TV documentary Joe Lycett vs The Oil Giant which aired at 9pm in the UK, 24 Oct 2021.

FROM CHANNEL 4 WEBSITE: Joe Lycett takes on Shell, as he investigates whether the oil giant is as eco-friendly as its advertising makes it out to be. Joe meets climate experts and investigates whether Shell are as eco-friendly as their advertising makes out, before making his own parody version of their ads. But will Shell sit up and listen?

Transcript extracts from the interview with John Donovan read more

royaldutchshellplc.com and its also non-profit 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 likely to miss own emission reduction goals, shareholder group says

Seeking Alpha

Shell likely to miss own emission reduction goals, shareholder group says

Oct. 22, 2021 12:32 PM ETRoyal Dutch Shell plc (RDS.A)RDS.BBy: Carl SurranSA News Editor

  • Royal Dutch Shell (RDS.ARDS.B) is on track to miss its own emission reduction targets in the coming decades, according to a new analysis by Global Climate Insights.
  • Shell’s energy transition strategy “is still materially driven by fuels that will increase emissions, producing a growth strategy that will not truly align with a decarbonizing world,” the study says, as reported by Bloomberg.
  • The research casts doubt on Shell’s own climate goals as well as its ability to comply with a landmark Dutch court order earlier this year to cut emissions 45% by 2030 from 2019 levels.
  • Shell already had pledged to cut GHG emissions by 20% by 2030 and to net-zero by 2050, but GCI says the company will not meet the target established by the court ruling “and will instead increase net emissions by 4.4%.”
  • If Shell is to align with the 2015 Paris Agreement’s goals of keeping global temperature increases to 1.5 degrees Celsius, it needs to pursue growth beyond gas more aggressively, according to the report.
  • Seeking Alpha contributor Portfolio Navigator says the focus of Shell’s management on rapidly growing the dividend is “a boon for investors.”
  • read more

    royaldutchshellplc.com and its also non-profit 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.

    Comedian Joe Lycett stages stunt outside Shell HQ in London

    BY PRESS ASSOCIATION 2021

    EXTRACTS

    Joe Lycett staged a stunt outside Shell’s HQ in London to campaign against the company’s “greenwashing”.

    The comedian, 33, arrived outside the offices in a yellow bus painted with a mural of a mock Shell advert featuring the caption “We’re turning our carbon emissions green for earth day”.

    He and several dancers then performed a routine that culminated in Lycett being sprayed with grey paint to represent oil.

    A parody television advert starring Lycett was then shown outside the firm’s HQ. read more

    royaldutchshellplc.com and its also non-profit 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.

    Inspire Clean Energy and Shell Close Acquisition Deal

    Photo Credit: Photographic Services, Shell International Limited.

    Inspire Clean Energy and Shell Close Acquisition Deal

    NEWS PROVIDED BY Inspire 

    Sep 15, 2021, 12:00 ET

    SANTA MONICA, Calif.Sept. 15, 2021 /PRNewswire/ — Inspire, a technology enabled clean energy company, announced that it has officially completed its acquisition agreement with Shell New Energies US LLC (Shell)a subsidiary of Royal Dutch Shell plc. As part of Shell, Inspire intends to accelerate its mission by scaling its offering of clean energy access to homes in the U.S. read more

    royaldutchshellplc.com and its also non-profit 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.

    Science Museum to remove climate placard from Shell-sponsored show

    The Guardian

    Science Museum to remove climate placard from Shell-sponsored show

    Thursday 9 Sept 2021

    The Science Museum has said it will take down a placard created by a student for the school climate strikes after an appeal to remove it from an exhibition sponsored by Shell.

    In an open letter sent to the museum, the UK Student Climate Network (UKSCN) called for the placards to never be used in any “fossil fuel-sponsored” space again, saying the inclusion in the Our Future Planet exhibition was an attempt to greenwash and legitimise the oil company. read more

    royaldutchshellplc.com and its also non-profit 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 is looking to develop a huge floating offshore wind farm in South Korea

    Shell is looking to develop a huge floating offshore wind farm in South Korea

    Anmar Frangoul: CNBC: PUBLISHED FRI, SEP 3 20217:48 AM EDT

    A joint venture centered around the development of a massive floating offshore wind farm in waters off South Korea has been formally established.

    Oil and gas major Shell has an 80% stake in the JV, which is called MunmuBaram, with the remaining 20% held by CoensHexicon. The latter is itself a joint venture between South Korea-headquartered COENS and Swedish firm Hexicon.

    In a statement earlier this week Shell said the project was in what it described as “a feasibility assessment stage.” If built, the 1.4 gigawatt wind farm would be situated between 65 and 80 kilometers off Ulsan, a coastal city and industrial hub in the south east of the country. read more

    royaldutchshellplc.com and its also non-profit 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.

    U.S. Utilities Could Face Slew Of Climate Lawsuits

    OILPRICE.COM

    U.S. Utilities Could Face Slew Of Climate Lawsuits

    Several years ago, a major US electric utility, wrote in its 10-K , a document filed annually with federal securities regulators, that it could not “currently estimate the financial impact of climate policies… or litigation alleging …” damages, but admitted they could require “material capital…” (FirstEnergy, 2018 10-K. Fast forward to the 2020 document, FirstEnergy said it could not predict “timing and ultimate outcome..” of environmental actions. Not much progress.) Was that cautionary verbiage a hint? (Not being forthcoming in documents like the 10-K carries significant legal penalties, so take it seriously.) read more

    royaldutchshellplc.com and its also non-profit 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.

    Will climate change send the Royal Dutch Shell share price to zero?

    The Motley Fool

    Rupert Hargreaves | Saturday, 14th August, 2021

    Extracts:

    The Royal Dutch Shell (LSE: RDSB) share price used to be a staple holding for income investors. That was until the company cut its dividend last year for the first time since the Second World War.

    Volatile oil prices have always been a risk for the enterprise. In the past, the group’s size and diversification has helped it manage this uncertainty. However, I think the threat of climate change now presents an even more considerable risk for the company and one that could jeopardise its very existence. read more

    royaldutchshellplc.com and its also non-profit 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 boss: we have no plans to change strategy despite emissions ruling

    The Guardian

    Shell boss: we have no plans to change strategy despite emissions ruling

    Jillian Ambrose: Thu 29 Jul 2021 16.47 BST

    ‘Unreasonable’ court ruling does not need new strategy, Van Beurden says, as firm reveals multibillion-dollar shareholder windfall

    Ben van Beurden denied the company would need to change its plans to meet the tougher court-ordered climate targets on Thursday, as he revealed a multibillion-dollar shareholder windfall for investors and better-than-expected quarterly profits. read more

    royaldutchshellplc.com and its also non-profit 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 to buy Inspire Energy in green energy push

    Reuters

    Shell to buy Inspire Energy in green energy push

    Tue, July 27, 2021, 7:33 PM

    July 27 (Reuters) – Royal Dutch Shell Plc said on Tuesday it would buy renewable energy retailer Inspire Energy Capital LLC, as the European major looks to expand its renewable power business in the United States.

    The deal, by the company’s unit Shell New Energies U.S. LLC, advances Shell’s strategy to build and scale renewable and low-carbon businesses with a target to become a net-zero emissions energy business by 2050.

    Shell has been seeking ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling in May.

    Like other oil companies, Shell has come under investor pressure to slash planet-warming greenhouse gas emissions… read more

    royaldutchshellplc.com and its also non-profit 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.

    What If Shell Followed Volkswagen’s Example In The Fight Against Climate Change?

    Forbes

    What If Shell Followed Volkswagen’s Example In The Fight Against Climate Change?

    Jeroen Kraaijenbrink:

    Volkswagen is not Shell and cars are not oil. But the similarities are striking. They are both giant corporations (#1 and #3 in Europe respectively), they are both high-tech firms, they are both capital intensive, they both still depend on oil, and both like to see themselves as leaders in their industries. In light of these similarities: what if Shell followed Volkswagen’s example in the fight for climate change? If Shell wants to do so, the time is now. Because the window of opportunity is short. If Shell doesn’t embrace renewable energy at full speed now, it may soon lose its chance to become one of the major energy players of the future. Sure, also in 2030, or 2050, they might still be a major player in the energy industry. But if they want to accept a role as the industry leader, now is the right moment. What if. read more

    royaldutchshellplc.com and its also non-profit 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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