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NightOwl@lemm.ee to World News@lemmy.ml · 2 years ago

Shell Silently Abandoned Its $100 Million-a-Year Plan to Offset CO2 Emissions

www.bloomberg.com

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Shell Silently Abandoned Its $100 Million-a-Year Plan to Offset CO2 Emissions

www.bloomberg.com

NightOwl@lemm.ee to World News@lemmy.ml · 2 years ago
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Europe's Biggest Oil Company Quietly Shelves a Radical Plan to Shrink Its Carbon Footprint
www.bloomberg.com
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A faltering offsets program points to new problems with the corporate world’s favorite “climate solution.”

Archive: [ https://archive.ph/G0ULZ ]

  • CaptainAniki@lemmy.flight-crew.org
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    • devils_advocate@lemmy.ml
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      The only solution is to modify the economics so it becomes more valuable to store the oil in the ground.

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        • devils_advocate@lemmy.ml
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          Public oil companies are about 5% of production.

          What’s your plan against, say, Aramco?

          • CaptainAniki@lemmy.flight-crew.org
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