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smog

US Reps to Oil Giants: Did You Fund Climate Change Denial?

CEOs of major fossil fuel companies — including ExxonMobil, Chevron, Shell, ConocoPhillips, Peabody Energy and BP — have received letters from a group of US congress people asking them if they were involved in efforts to “spread disinformation about climate science.” The letter, signed by 45 Democratic representatives, follows a … Read more »

Shell Takes $2.6bn Hit from Ending Arctic Drilling Operations

Shell reported a $6.1 billion loss on its third quarter 2015 earnings — 216 percent lower than the same quarter a year ago — after announcing announcing it will cease further exploration activity in offshore Alaska for the foreseeable future. Earnings per share for the third quarter of 2015 plummeted … Read more »

Shell

Shell Boss: Global Carbon Price Needed

Shell CEO Ben van Beurden says governments should put a price on carbon, which will then drive the “right behavior of consumers and producers” in terms of tackling climate change. The oil giant’s boss, speaking at a conference yesterday, said heavy industry, heavy-duty transport, chemicals and other industries will continue … Read more »

ETC logo Environmental Leader

Oil Giants Form Climate Lobbying Group

Shell, Schneider Electric and the Rocky Mountain Institute introduced the Energy Transitions Commission at the Fortune Brainstorm E Conference in Austin, Texas. The commission was formed to develop actionable insights to help energy decision-makers sustain economic growth while also mitigating climate change. Commissioners come from the following energy companies, renewable … Read more »

Shell

Shell Ends Arctic Drilling Operations

Shell has abandoned its Arctic drilling operations, yesterday announcing it will cease further exploration activity in offshore Alaska for the foreseeable future. The decision comes as the oil giant has been under increasing pressure from environmentalists and businesses to halt its drilling operations in the Arctic Ocean. After exploring the … Read more »

Shell

Shell Exits Climate Change Corporate Leaders Group

Royal Dutch Shell is no longer a member of the Prince of Wales’s Corporate Leaders Group — a leading climate change advocacy group it helped start 10 years ago. Shell’s departure comes as environmentalists increasingly call for the oil company to halt its drilling operations in the Arctic Ocean. A … Read more »

Shell logo

Flaring Leads to Increased GHGs for Shell

Royal Dutch Shell, in its 2014 Sustainability Report, says it saw improved environmental performance in most areas; however, flaring led to an increase in the company’s overall greenhouse gas emissions. Direct GHG emissions from facilities went up 4 percent, from 63 million metric tons of CO2 in 2013 to 76 … Read more »

Study: EU Can Cut Carbon by Nearly Half

Study: EU Can Cut Carbon by Nearly Half

The European Union can achieve carbon reductions of 49 percent by 2030 – far more than the current proposed target of 40 percent – by cutting its dependency on natural gas imports and increasing cost-effective investments in renewable energy and energy efficiency, according to an analysis released yesterday by Ecofys. … Read more »