Guardian investigation raises concerns that Shell's climate change rhetoric is not matched with action

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26 May 2015

"The real story behind Shell's climate change rhetoric"

Author: Terry Macalister, Guardian (UK)

An investigation into the Shell business shows that under its forecasts the Earth’s temperature will rise nearly twice as much as the 2C threshold for dangerous climate change, and that the firm’s own greenhouse gas emissions are still rising and will rocket further after the £47bn acquisition of rival BG Group...Shell’s Canadian tar sands, Brazilian, Nigerian and US Gulf deep-water projects are the most likely to be rendered worthless by a global clampdown on high carbon-emitting exploration projects, analyses find.  In addition, the company’s growth is becoming reliant on drilling wells (some deeper than the one that caused BP’s Gulf blowout) and it is a member of the American Legislative Exchange Council, a political organisation that has opposed policies to address climate change...[Refers to Google, Occidental Petroleum]

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Company response
26 May 2015

Shell response

Author: Shell

Shell’s approach to climate change is based on understanding and addressing the challenge of an increase in global surface temperature. Population growth and economic development are driving up energy demand. All energy sources will be needed, with fossil fuels meeting the bulk of demand. At the same time CO2 emissions must be reduced to avoid serious climate change. To manage CO2, governments and industry must work together. Government action is needed and we support an international framework that puts a price on CO2, encouraging the use of all CO2-reducing technologies. Strong and stable carbon pricing is an essential step to tackle the rising level of CO2 in the atmosphere. The RDS Chairman was present in New York during the recent UN Climate Summit and we were pleased to support the World Bank’s statement on carbon pricing.The world needs Carbon Capture and Storage (CCS) as part of its efforts to decarbonise the global energy system. CCS fitted to power plants, could be a real game-changer, removing up to 90% of carbon dioxide emissions from power generation. CCS is critical to address climate change because it is the only technology that tackles the absolute level of CO₂ in the atmosphere. Other technologies improve efficiency and help to slow down the rate, but not the total volume of CO₂ in the atmosphere

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