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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsShell to quit U.S. refining lobby over climate disagreement
April 2, 2019 / 5:36 AM / Updated 18 minutes ago
Shell to quit U.S. refining lobby over climate disagreement
Ron Bousso
LONDON (Reuters) - Royal Dutch Shell on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies.
In its first review of its association with 19 key industry groups, the company said it had found material misalignment over climate policy with the American Fuel & Petrochemical Manufacturers (AFPM) and would quit the body in 2020.
The review is part of Shells drive to increase transparency and show investors it is in line with the 2015 Paris climate agreements goals to limit global warming by reducing carbon emissions to a net zero by the end of the century.
It is also the latest sign of how investor pressure on oil companies is leading to changes in their behavior around climate.
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https://www.reuters.com/article/us-shell-afpm/shell-to-quit-u-s-refining-lobby-over-climate-disagreement-idUSKCN1RE0VB?fbclid=IwAR0l2Gd1NkFShrQJ3sVJbbOPlrDs8BTFRGqvLLlc7wYubqHX0d0hkM57VZ0
dixiegrrrrl
(60,010 posts)Money still talks, but this time seems to be talking a saner language.
malaise
(269,057 posts)I imagine that more than a few of their own investors take climate change seriously
dixiegrrrrl
(60,010 posts)I've read a lot of how they deal with water problems, and part of their solution is to let water flow work for them, while we seem to have an attitude of resist and block water, treating it like an enemy.
malaise
(269,057 posts)Their genius with regard to letting water flow has been visible on the north coast of South America in both Suriname and Guyana for centuries.
mnhtnbb
(31,394 posts)My father worked for his entire professional life for Shell Chemical, which was a division of Royal Dutch Shell.
My go to gas station now that I live in Raleigh is a Shell station.
Good for them.
hedda_foil
(16,375 posts)hatrack
(59,587 posts)Any chance that's going to happen?
Any chance that with Shitstain in charge that this would happen any time before the heat death of the universe?
Whatever, Shell - call for stricter environmental enforcement from the last government on Earth that would ever do anything along those lines. But hey, it makes the company look good, and there's no danger that it would crimp your profits, so knock yourselves out.
https://www.democraticunderground.com/1127124909