#Shell sold millions of 'phantom' #CarbonCredits to Canadian oil sands firms - FT
"Shell sold millions of carbon credits tied to CO2 removal that never took place to #Canada's largest oil sands companies, Financial Times reported Sunday, raising new doubts about a technology seen as important in reducing greenhouse gas emissions."
PFA, Denmark’s 🇩🇰 biggest pension fund, has revealed it has divested its entire holding in #Shell, citing recent disappointment with the #oilandgas giant’s climate stance https://buff.ly/44mGPWU
After a while trying to understand if either ksh or zsh provided a way to prevent taking strings and undefined variables as 0 when doing arithmetic evaluation, there seems to be no feature specifically for it, sadly.
Closest is using set -o nounset (ksh) and setopt no_unset (zsh) to prevent undefined variables from evaluating to zero. If a "string" contains only numbers, a dot and whitespace, it will be treated as a number. Also, if it only contains the name of any other variable and whitespace, it evaluates to that.
Not that I expected shell languages to provide accurate arithmetic.
As a bonus though, it was cool learning about ksh's compound variables, force_float option and especially discipline functions.
"The Dutch Senate on Tuesday approved a law to permanently close the #Groningen gas field, following the government's promise that production will never be resumed to limit seismic risks in the region.
"Gas profits have delivered an estimated 363 billion euros ($385 billion) to the Dutch treasury since production started in the 1960s, while #Shell and #Exxon's profit from #Groningen was around 66 billion euros during that period."
Gas brought the Dutch a higher living standard, financed the Delta Works coastal storm barrier, and made the #Netherlands a poster child for Dutch disease (unlike Norway, they spent it all).
If you think all the little things we ordinary mortals do are the driver of #ClimateChange, think again - "Just 57 companies linked to 80% of greenhouse gas #emissions since 2016
Analysis reveals many big producers increased output of fossil fuels and related emissions in seven years after Paris climate deal
A mere 57 #oil, #gas, #coal and #cement producers are directly linked to 80% of the world’s #GreenhouseGas#GHG emissions since the 2016 #Paris climate agreement, a study has shown.
This powerful cohort of state-controlled corporations and shareholder-owned multinationals are the leading drivers of the climate crisis, according to the Carbon Majors Database, which is compiled by world-renowned researchers."
...
"During this period, the biggest investor-owned contributor to emissions was #ExxonMobil of the #UnitedStates, which was linked to 3.6 gigatonnes of CO2 over seven years, or 1.4% of the global total. Close behind were #Shell, #BP, #Chevron and #TotalEnergies, each of which was associated with at least 1% of global emissions."
"[#Shell's] Energy Transition report is actually a full-throated defense of the #FossilFuel industry.
– First, management is bullish on #LNG production;
– Second, they foresee a continued significant role for #oil in the transportation sector;
– Third, [there is] an expectation for more #hydrogen.
– Fourth, new carbon abatement and removal technologies “will be needed.” [This refers to] technologies or operating efficiencies that presently do not exist."
2024 #AGM Season
Investors file record number of #ClimateResolutions for North American companies
"A record 263 climate-related shareholder resolutions have been filed so far this year for annual meetings of North American companies, a new tally showed on Tuesday, with proponents tailoring their wording to gain support."
"#Shell shareholders on Tuesday rejected a resolution filed by a group of investors urging the energy company to set tougher climate targets.
The meeting was disrupted several times by climate protesters chanting "Shell kills". #Climate protesters also held a demonstration outside the meeting."
The case for prosecuting fossil fuel companies for homicide
"In today’s thinking, tort law—the law of civil wrongs—seeks economically efficient outcomes: The question is about whether one party should give another some money. Criminal law, by contrast, is concerned with society’s fundamental values—with morality. It answers whether conduct is permissible or forbidden. Where tort law prices misconduct, criminal law prohibits it.
In 2021, a Dutch court ruled that #Shell must reduce the net carbon-dioxide (CO2) emissions caused by its business activities, including the oil and gas it sells to customers, by 45% below 2019 levels by 2030.
Shell is appealing the case.
Meanwhile, it is flouting* the verdict and developing new oil and gas fields.
Shell is pulling out of #Nigeria after befouling it for 68 years, casting it off like a dirty oil rag.
"#Shell called it a way to streamline its business."
Looks more like it's running away from its cleanup responsibilities.
"Activists in the Niger Delta, where Shell has faced decadeslong local criticism to its oil exploration, plan to ask the government to withhold its approval if the company does not address its environmental damage."
A UK court ruled that "13,000 farmers and fishers from the Ogale and Bille communities in the Niger delta were entitled to bring legal claims against Shell for alleged breaches to their right to a clean environment.
The judge ruled it was arguable the pollution had fundamentally breached the villagers’ right to a clean environment under the Nigerian constitution and the African charter on human and people’s rights."
"Local activists and international environmental groups want #Nigeria's government to delay approving the sale of oil company #Shell's onshore assets, claiming Shell is trying to shirk its environmental and social responsibilities in the highly polluted Niger Delta.
Protesters have appealed to the government of Nigeria, Africa’s top oil producer, to halt the sale until environmental concerns are addressed."
And now #TotalEnergies seeing the writing on the wall, is following suit:
"The #Shell Petroleum Development Company of Nigeria Limited (SPDC), in which TotalEnergies holds a 10% stake, has struggled with hundreds of onshore oil spills as a result of theft, sabotage and operational issues that led to costly repairs and high-profile lawsuits over the years."
"‘Grossly irresponsible’: #UK hands out 24 new #NorthSea#oil and #gas licences - The move to grant 17 companies the right to drill for #FossilFuels is ‘a pipe dream’ that will do little for #energy security, say #environmentalists ... The North Sea regulator said 17 oil companies, including #Shell and #BP, were granted licences in the Central North Sea, Northern North Sea and West of Shetland areas to “provide benefits to the local and wider economy”.
The latest licences, which follow an initial tranche of 27 licences offered in October last year, could begin producing oil and gas before the end of the decade, according to the North Sea Transition Authority.
The move has angered MPs and #environmental campaigners who called the move “grossly irresponsible” and accused the government of overstating the economic benefits of the North Sea and sacrificing Britain’s climate leadership for “a pipe dream”."
Storms should be named after #FossilFuel companies
Making direct links between the polluters and the impact they cause is an urgent next step – as in “tomorrow’s terrible weather is #Storm#Esso, Storm #Shell, Storm #RangeRover” and so on...