Shell has announced the abandonment of its 2035 emissions reduction target and has also weakened its 2030 goal. Concurrently, Shell is urging investors to reject a climate-related proposal from a shareholder group. In a broader context, the UK's emissions in 2023 have dropped to levels not seen since 1879, indicating significant progress in emission reduction. Meanwhile, Scotland is reportedly planning to abandon its 2030 greenhouse gas reduction target, according to a BBC report. Despite these setbacks, there are positive signs in the global energy transition, with per capita emissions decreasing and renewable energy sources like wind and solar becoming more cost-effective than coal.
Scotland to ditch 2030 greenhouse gas reduction target, says BBC report https://t.co/HBXY9lhySh https://t.co/gdv5bJ9rMy
Despite headlines, data reveals the energy transition is in fact underway. Per capita emissions are dipping, and wind & solar are now often cheaper than coal. Read more about the signs of transition in @CipherClimate: https://t.co/CgQSJWWwvE
Shell urges investors to reject shareholder group’s climate demands https://t.co/P7dfzwFwCv
Analysis: UK emissions in 2023 fell to lowest level since 1879 | @DrSimEvans @VernerViisas Read here: https://t.co/F5FqXiORID https://t.co/UvTirzKVEP
Shell abandons 2035 emissions target and weakens 2030 goal | @Josh_Gabbatiss Read here: https://t.co/u6qCwOtSvf https://t.co/wsxhy7i4De