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Guardian Newspaper: we will no longer accept advertising from fossil fuel extractive industries

Extracts from an email John Donovan received from the Guardian newspaper on 4 February 2020: 

…we will no longer accept advertising from fossil fuel extractive industries. 

We are the first major global news organisation to turn our backs on the oil and gas industry. The move will cost us money. But we felt obliged to act… 

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.

How a powerful US lobby group helps big oil to block climate action

The Guardian

How a powerful US lobby group helps big oil to block climate action

Chris McGreal: Mon 19 Jul 2021 11.00 BST

When Royal Dutch Shell published its annual environmental report in April, it boasted that it was investing heavily in renewable energy. The oil giant committed to installing hundreds of thousands of charging stations for electric vehicles around the world to help offset the harm caused by burning fossil fuels.

On the same day, Shell issued a separate report revealing that its single largest donation to political lobby groups last year was made to the American Petroleum Institute, one of the US’s most powerful trade organizations, which drives the oil industry’s relationship with Congress. 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.

Tainted Money Is Better Than None for Struggling Charities

Bloomberg: Quint

Tainted Money Is Better Than None for Struggling Charities

Max Hastings Jul 18 2021, 12:30 PM Jul 19 2021, 1:46 PM

In Britain, the actor Mark Rylance is among prominent lobbyists for Extinction Rebellion, a green advocacy group demanding, among much else, that Sadler’s Wells ballet company cease accepting money from Barclays Bank, which it describes as Europe’s largest financier of “fossil fuel extraction.”

Likewise, the British Museum is targeted for its partnership with oil company BP Plc., and the London Science Museum faces criticism for allowing Royal Dutch Shell Plc. to sponsor an exhibition on climate change. 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.

Scientists hired by oil giants predicted climate crisis 60 years ago: Report

CNBC

Scientists hired by oil giants predicted climate crisis 60 years ago: Report

By CNBCTV18.com | IST (Published)

More than 26 lawsuits have been filed in the US against oil companies for their role in climate change. The internal documents of these companies contain research data collected by their teams regarding the effect of rising global temperatures.

These researchers had accurately predicted rising global temperatures. Some of these researchers have testified that fossil fuel companies, petroleum giants like Exxon, Chevron, Shell and BP among others, knew about the role of burning fossil fuels in global warming more than 60 years ago. 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.

Big oil and gas kept a dirty secret for decades. Now they may pay the price

The Guardian

Big oil and gas kept a dirty secret for decades. Now they may pay the price

Chris McGreal: Wed 30 Jun 2021 08.00 BST

The environmentalist Bill McKibben once characterized the fossil fuel industry’s behavior as “the most consequential cover-up in US history”. And now for the first time in decades, the lawsuits chart a path toward public accountability that climate activists say has the potential to rival big tobacco’s downfall after it concealed the real dangers of smoking.

“We are at an inflection point,” said Daniel Farber, a law professor at the University of California, Berkeley and director of the Center for Law, Energy, and the Environment. 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.

Oil and gas firms could face fresh legal action by activist groups

Oil and gas firms could face fresh legal action by activist groups as investors demand stock market-listed firms align with Paris climate goals

Major oil and gas firms including BP and Shell could face fresh legal action by activist groups as investors demand stock market-listed firms align with Paris climate goals.

The wave of potential lawsuits could also target Chevron and Exxon and other heavy industry majors such as Ineos, the petrochemicals giant controlled by billionaire Jim Ratcliffe, and biomass power firm Drax. 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.

Big Oil’s increasing number of climate lawsuits draws parallels to Big Tobacco

CNBC

Big Oil’s increasing number of climate lawsuits draws parallels to Big Tobacco

PUBLISHED FRI, JUN 25 20211:12 AM EDT: Sam Meredith
@SMEREDITH19

KEY POINTS
  • The prospect of a rising tide of climate litigation cases against heavy emitting businesses comes shortly after a landmark courtroom defeat for Royal Dutch Shell.
  • Since the turn of the century, more than 2,000 climate litigation cases were found to have been filed in a trend that is widely expected to have global implications for carbon-intensive companies.
  • Analysts believe this is merely scratching the surface of what is to be expected in the future — drawing parallels to the so-called tobacco trials of the 1950s and 1960s.

LONDON — Big Oil is likely to face an exponential increase in climate lawsuits over the coming years, a trend that analysts say is reminiscent of activists turning to the courts to take on the tobacco industry.

The prospect of a rising tide of climate litigation cases against heavy emitting businesses comes shortly after a landmark courtroom defeat for Royal Dutch Shell. 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.

Oil Companies Rejected by Supreme Court on Moving Climate Fight

Bloomberg Green

Oil Companies Rejected by Supreme Court on Moving Climate Fight

By Greg Stohr: 14 June 2021, 14:32 BST

The U.S. Supreme Court rejected an appeal by oil companies including BP Plc and Exxon Mobil Corp., leaving intact an important procedural ruling favoring two California cities suing for billions of dollars to address the impact of climate change.

The justices, without comment, refused to consider the industry’s bid to shift the lawsuit into federal court, where companies tend to fare better than they do before state tribunals. 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.

Oil Majors Look to Fill Businesses’ Growing Appetite for Green Power

THE WALL STREET JOURNAL

Oil Majors Look to Fill Businesses’ Growing Appetite for Green Power

By Sarah McFarlane: May 24, 2021 7:00 am ET

Businesses are buying more renewable power, and oil majors want a piece of the action.

European oil companies including BP PLC and Royal Dutch Shell PLC are building new wind and solar projects and striking deals to supply electricity to big corporate buyers like Amazon.com Inc. and Microsoft Corp., treading into the domain of traditional power companies.

Oil companies say securing long-term deals to supply electricity will provide a new source of income and underpin their expansion into wind and solar power as they seek to reduce their dependence on fossil fuels and prepare for a lower-carbon economy. 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.

Royal Dutch Shell AGM (Tuesday 18th May)

Royal Dutch Shell AGM (Tuesday 18th May)

by Graeme Evans from interactive investor

17th May 2021 09:01

Shell’s energy transition strategy will go before an advisory vote of shareholders as the oil giant takes its first steps towards becoming a net-zero emissions business by 2050.

Chief executive Ben van Beurden set out the strategy in February, outlining a focus on low-carbon operations such as wind, solar, biofuels and hydrogen over the next decade.

For the foreseeable future, Shell sees upstream operations continuing to deliver the energy supplies and cash needed to accelerate the transition towards low carbon businesses. 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.

Investors should beware the rising tyranny of social media campaign groups

Investors should  beware the rising tyranny of social media campaign groups

Article by Oliver Shah. The Sunday Times May 16, 2021. Page 9 Business Section

EXTRACT

On Tuesday, Shell investors will vote on a resolution from Dutch activist Follow This calling for the oil major to set “inspirational” targets for cutting carbon emissions in line with the Paris Agreement. Shell, run by Ben van Beurden, cut its dividend last year and has seen its shares slump by more than a third since January 2020. Follow This chalked up a big victory against Shell’s US rival ConocoPhillips last Tuesday, with 58% of investors backing its resolution that the company should take responsibility for so-called scope 3 emissions – the pollution created by users of its fuels. 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.

Royal Dutch Shell investor RWC to back Follow This climate proposal at AGM

Royal Dutch Shell investor RWC to back Follow This climate proposal at AGM

Simon Jessop: May 13, 2021: 12.27 PM BST

Royal Dutch Shell (RDSa.L) investor RWC said on Thursday it planned to back a climate-related shareholder proposal put forward at the company’s annual meeting by activist group Follow This.

RWC said the company’s energy transition plans were not ambitious enough, lacked detail and did not put the company on a path to align with the goals of the Paris Agreement within the next decade. 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.

BP and Shell not serious about net zero: Sarasin

BP and Shell not serious about net zero: Sarasin

By Alex Hamer: May 12, 2021

Oil and gas majors face votes on actually bringing their strategies in line with the Paris Agreements, while activist fund Sarasin & Partners says they are marching towards stranded assets and more write-downs

Sarasin head of stewardship Natasha Landell-Mills said that neither major was close to shifting their business models from extracting oil and gas.

“We do not believe BP or Shell can be serious about getting to net zero until their accounts and capex plans are aligned with that goal,” she 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.

Big Oil and its green ambitions could be about to get a serious reality check

Big Oil and its green ambitions could be about to get a serious reality check

Sam Meredith: PUBLISHED TUE, MAY 11 20211:29 AM EDT

KEY POINTS

  • Oil and gas majors on both sides of the Atlantic are preparing to hold their annual shareholder meetings in the coming weeks.

  • At present, not a single oil and gas company is aligned with Paris-consistent emission reduction targets or investment levels.

  • In a first for the industry, Shell will put its own net-zero transition plan to its shareholders on May 18.

LONDON — The month of May promises to be a ground-breaking one for Big Oil.

Oil and gas majors on both sides of the Atlantic are preparing to hold their annual shareholder meetings in the coming weeks. It comes at a time when the world’s largest corporate emitters are under immense pressure to set short, medium and long-term emissions targets that are consistent with the Paris Agreement.

At present, not a single oil and gas company is aligned with Paris-consistent emission reduction targets or investment levels more than five years after the landmark climate accord was ratified by nearly 200 countries. The agreement is widely recognized as critically important to avoid an irreversible climate crisis. 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.

Big Oil Is In Desperate Need Of New Discoveries

Big Oil Is In Desperate Need Of New Discoveries

By Alex Kimani – May 10, 2021, 2:00 PM CDT

The year 2020 was a watershed moment for the fossil fuel sector. Faced with a global pandemic, severe demand shocks and a shift towards renewable energy, experts warned that nearly $900 billion worth of reserves–or about one-third of the value of big oil and gas companies–were at risk of becoming worthless.

Even Big Oil mostly appeared resigned to its fate, with Royal Dutch Shell (NYSE:RDS.A) CEO Ben van Beurden declaring that we had already hit peak oil demand while BP Plc. (NYSE:BP)—a company that doubled down on its aggressive drilling right after the historic 2015 UN Climate Change Agreement--finally gave in saying “..concerns about carbon emissions and climate change mean that it is increasingly unlikely that the world’s reserves of oil will ever be exhausted.” BP went on to announce one of the largest asset writedowns of any oil major after slashing up to $17.5 billion off the value of its assets and conceded that it “expects the pandemic to hasten the shift away from fossil fuels.” 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 Supermajors Finally Be Held Accountable For Oil Spills?

Will Supermajors Finally Be Held Accountable For Oil Spills?

By Global Risk Insights – May 08, 2021, 12:00 PM CDT

A British Supreme Court ruling has brought to a head a 13-year-old battle to hold Royal Dutch Shell accountable for massive oil spills in the Niger Delta in 2008 and 2009. This creates a precedent for taking multinational corporations to trial in the home countries of their parent companies. This may mark the beginning of a more regulated global environment, in which subsidiary companies responsible for human rights abuses happening abroad could be held more accountable. Whether this will be an effective solution remains to be seen.  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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