Posted by John Donovan 2 April 2024
In a move that could only be described as “bold,” Shell Oil has graciously gifted the world with its latest climate strategy, dubbed the “Shell Energy Transition Strategy 2024.” Oh, how we’ve been eagerly awaiting this gem from the fine folks who brought you oil spills and environmental devastation!
According to this masterpiece of corporate spin, Shell has decided to make a few tweaks to its climate goals. You know, nothing major. Just a slight downgrade of its 2030 target from a 20% reduction in net carbon intensity to a dazzling 15-20%. And who needs a target for 2035 anyway? Certainly not a titan of the fossil fuel industry like Shell.