Climate Changed
Shell's Climate Push Fails to Cut Emissions
- Oil major’s direct greenhouse-gas output is highest since 2014
- CEO vows to expand in biofuels, car-charging and renewables
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Royal Dutch Shell Plc is demonstrating how tough it is for a massive, 100-year-old oil company to become a friend to the climate.
Shell’s greenhouse-gas emissions rose last year to the highest since 2014, it said Monday. The increase shows the challenge facing Chief Executive Officer Ben van Beurden as his company grows to meet burgeoning energy demand while investors demand a clear path toward a low-carbon future.