Shell Eyes Limit to How Clean Oil Output Can Be

  • Plan to halve carbon footprint by 2050 through product shift
  • Short-term climate targets may account for future cuts
Photographer: Andrey Rudakov/Bloomberg
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There’s only so much you can do to make oil and gas production cleaner.

That was a key realization behind Royal Dutch Shell Plc’s decision to set targets to reduce greenhouse-gas emissions not just from its own operations, but also from the products it sells which are consumed by others. So far, it’s the only oil major to do this.