ROYAL DUTCH Shell Oil Company is ready to reduce greenhouse gas emissions after a court decision in the Netherlands, without waiting for the results of their appeal, the head of Ben Van Berden reported. At the same time, he stated that he was disappointed with the verdict, which, according to Wang Berden, is not much to help on a global scale, writes Financial Times.
“Imagine that Shell will solve stop selling gasoline and diesel fuel today. Of course, it will reduce carbon emissions. But the world does not help anywhere. The demand for fuel will not change,” said the head of the company.
Court decision, which prescribed Shell by 2035 to reduce emissions by 45 percent compared with the level of 2019, will affect the entire business of the enterprise. “For Shell, this solution means not a change in the strategy, but rather its accelerated implementation. We will try to find ways to reduce emissions even more,” Van Bird said, without specifying what measures are we talking about.
Reduce emissions The court obliged Shell at the end of May: the company lost the case on the claim of environmental organizations and residents of the Netherlands, who claimed that it violates the goals of the Paris Agreement on the zero carbon footage.
Simultaneously with the pressure of environmental activists, two other large oil companies were encountered – Exxon Mobil and Chevron, which, in the matter of influence on the climate, prescribed their own shareholders.