Article Highlights:
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Royal Dutch Shell plans to become a net zero-carbon company by 2050 or sooner by selling more green energy to help reduce the carbon intensity of its business.
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Shell’s chief executive said “Shell now needs to go further with our own ambitions, which is why we aim to be a net-zero emissions energy business by 2050 or sooner. Society, and our customers, expect nothing less.”
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Shell will toughen its existing target to shrink the carbon intensity of its products by 50% within 30 years, to reach 65% by 2050.