How can Shell become carbon neutral by 2050?
CGTN Europe • 3m 7s
Shell's pledge to have net-zero carbon emissions by 2050 will have left many asking the question, how on Earth can an oil company manage that?
The oil giant revealed on Thursday that its carbon emissions and oil production peaked in 2018 and 2019 respectively, as it looks to move away from fossil fuels and become more environmentally friendly, with a focus on expanding biofuels, hydrogen and renewables.
David Elmes, an expert in global energy, told CGTN Europe the announcement is of "real significance" and one that will see Shell move towards different areas of focus – including possibly the electric car market.
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