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Shell shakes off fears it will be ‘stranded’ in a greener world
Shell is shaking off fears that billions of dollars worth of oil and gas investment could be left in the ground as governments push for cleaner energy. In its first major sustainability report the company said it is confident that the business will remain resilient. Shell faces rising calls from activists and shareholders to prove that it can safeguard its balance sheet against the shift away from fossil fuels towards low-carbon energy technologies. The company plans to keep pace, and catch up with, society’s progress towards the goals of the Paris climate agreement.
Abstract details
Websites:
https://www.telegraph.co.uk/business/2018/04/12/shakes-fears-will-stranded-greener-world/#
Keywords: green energy
Organisation: Shell
Subjects: Environmental protection, Greenhouse gases
