Royal Dutch Shell

Shell shifts sustainable fuels focus to aviation sector

Shell aims to produce 2 million tons of sustainable aviation fuel annually by 2025.

Royal Dutch Shell (NYSE: RDS.A) is building on its sustainable transition goals with an ambition to produce 2 million metric tons of sustainable aviation fuel (SAF) per year by 2025.

“Currently, sustainable aviation fuel accounts for less than 0.1% of the world’s use of aviation fuel. We want to help our customers use more SAF,” Anna Mascolo, president of aviation at Shell, said in a release Monday.

As the mode of transport that emits the most greenhouse gases per ton mile, aviation is an...

https://www.freightwaves.com/news/shell-shifts-sustainable-fuels-focus-to-aviation-sector

Tipping point: End of fossil fuels and transitioning to net zero

Tipping point: End of fossil fuels and transitioning to net zero

Monday 9 August 2021 – Vol.12 Ed.32.1

Commentary: Shell verdict marks end of fossil fuel era

By Donald Pols and Sjoukje van Oosterhout 

On 26 May 2021 at 3pm, the District Court in The Hague ruled that one of the world’s largest polluters, Royal Dutch Shell, must stop causing dangerous climate change. Successful shareholder activism at ExxonMobil and Chevron as well as the latest International Energy Agency report are further proof...

https://allaboutshipping.co.uk/2021/08/09/tipping-point-end-of-fossil-fuels-and-transitioning-to-net-zero/

Shell To Accelerate Energy Transition Following The Landmark Court Rule

  • Shell (RDSa.L) will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts.
  • The activity is carried out following a landmark Dutch court ruling last month.

Royal Dutch Shell (RDSa.L) will seek ways to accelerate its energy transition strategy and deepen carbon emission cuts following a landmark Dutch court ruling last month, CEO Ben van Beurden said on Wednesday, a move that will likely lead to a dramatic shrinking of its oil and gas business, reports Reuters.

Cou...

https://mfame.guru/shell-to-accelerate-energy-transition-following-the-landmark-court-rule/

Shell To Reduce Carbon Emissions 45% by 2030, Court Order

  • A Dutch court on Wednesday ordered Royal Dutch Shell to cut its carbon emissions by net 45 percent by 2030 compared to 2019 levels in a landmark case.
  • This case was brought by climate activism groups, which hailed the decision as a victory for the planet.
  • The Hague District Court ruled that the Anglo-Dutch energy giant has a duty of care to reduce emissions and that its current reduction plans were not concrete enough.

A recent First Post news article published in the First Post states that...

https://mfame.guru/shell-to-reduce-carbon-emissions-45-by-2030-court-order/

Dutch court rules Shell must reduce emissions 45% by 2030

Shell was ordered to lower emissions by a Dutch court.

The District Court of The Hague in the Netherlands on Wednesday ordered Royal Dutch Shell (NYSE: RDS.A) to reduce its carbon dioxide emissions by a net 45% compared to 2019 levels by the end of 2030.

Friends of the Earth Netherlands (Milieudefensie), six other organizations and more than 17,000 co-plaintiffs, who issued a document to Friends of the Earth Netherlands appointing it as their representative, filed a lawsuit against Shell alleging human rights violations caused by CO2...

https://www.freightwaves.com/news/dutch-court-rules-shell-must-reduce-emissions-45-by-2030

Shell’s Expectation on Q1 Fuel Sales

According to an article published in Reuters, Royal Dutch Shell expects its fuel sales to fall or at best be broadly steady for the first quarter, the world’s biggest fuel retailer said on Wednesday, indicating fuel demand recovery has remained slow amid coronavirus restrictions.

Shell’s Trading Update

In a trading update, Shell said it saw refined oil product sales at 3.7-4.7 million barrels per day (bpd) for the first quarter compared with just under 4.8 million bpd in the last quarter of 2020....

https://mfame.guru/shells-expectation-on-q1-fuel-sales/

Latest corporate climate progress: Plenty of work still remains

Climate Action 100+ released climate assessment results.

With the help of several think tanks and members, Climate Action 100+ — the largest investor-led initiative on climate change — released its first net-zero company benchmark this week. 

The good news: 52% of the focus companies seek to become net-zero by 2050, if not sooner. The not-so-good: Less than half of those companies setting that ambitious goal actually cover the full scope of most material emissions. 

“We see some progress, but we also see that in certain areas across the board,...

https://s29755.pcdn.co/news/latest-corporate-climate-progress-plenty-of-work-still-remains

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