News and information on Shell Plc
Posted by John Donovan: 17 April 2024
In what seems like a page ripped straight out of the corporate greed playbook, Shell is playing hardball with its shareholders over climate targets. Buckle up, folks, because this one’s a doozy.
So, there’s this resolution, right? A bunch of investors, with pockets so deep they practically touch the Earth’s core, want Shell to tighten its grip on climate goals. But what does Shell do? They tell their shareholders, “Nah, we’re good.”
Posted by John Donovan: 13 April 2024
In a courtroom showdown that could make or break the fight against climate change, Shell is pulling out all the stops to wriggle out of its responsibility to slash emissions. But are they really fighting for the “energy transition” or just looking out for their own oily interests?
Milieudefensie, the Dutch branch of Friends of the Earth, isn’t buying Shell’s greenwashing. They’re pushing for a tougher stance on emissions cuts, arguing that Shell shouldn’t just sell off assets to meet targets. But Shell’s lawyers are crying foul, claiming that forcing them to reduce emissions could lead to “asset decommissioning” – as if that’s somehow worse than the climate crisis.
Posted by John Donovan: 10 April 2024
In a move that has the London Stock Exchange quaking in its trading boots, Shell’s CEO Wael Sawan has dropped a bombshell threat: Shape up or we ship out to the Big Apple!
Sawan, not one to mince his words, has warned that if London’s stock market continues to undervalue Shell, they’re packing their bags and heading Stateside faster than you can say “oil spill.”
Despite enjoying the swanky lifestyle in London, Sawan’s loyalty to the UK is about as solid as a house of cards in a hurricane. With dual Lebanese and Canadian citizenship, he’s got one foot out the door already. He’s sick and tired of London investors treating Shell like yesterday’s news while simultaneously picking their pockets clean with hefty taxes.
Posted by John Donovan 2 April 2024
As a crucial climate case unfolded in The Hague, lawyers for Shell PLC pulled out all the stops with their jaw-dropping argument: If ordinary citizens can’t afford their energy bills, then forget about saving the planet. Because apparently, the only thing standing between us and climate catastrophe is the price of a monthly utility bill.
In what can only be described as a masterclass in corporate doublespeak, Shell’s lawyer, Daan Lunsingh Scheurleer, solemnly declared in court: “If people can no longer pay for their energy or that energy is no longer reliable… the support of people in the country… for the energy transition will be lost.” Translation: Sorry, folks, but saving the planet is just too damn expensive.
“…a move that left environmentalists scratching their heads and laughing hysterically…”: “And the punchline? We’re all the ones left laughing – or crying – as the world burns.”Posted by John Donovan 2 April 2024
In a stunning display of corporate audacity, Shell has taken to a Dutch court to argue that reducing greenhouse gas emissions would somehow hinder the noble cause of climate change. Because who needs a habitable planet when you can have record profits, am I right?
In a move that left environmentalists scratching their heads and laughing hysterically, a lower Dutch court had the audacity to order Shell to cut its planet-warming carbon emissions by a measly 45 percent by 2030. Shocking, I know. But fear not, for Shell is here to save the day with its ingenious argument: “This case has no legal basis.”
Posted by John Donovan 2 April 2024
In a move that could only be described as “bold,” Shell Oil has graciously gifted the world with its latest climate strategy, dubbed the “Shell Energy Transition Strategy 2024.” Oh, how we’ve been eagerly awaiting this gem from the fine folks who brought you oil spills and environmental devastation!
According to this masterpiece of corporate spin, Shell has decided to make a few tweaks to its climate goals. You know, nothing major. Just a slight downgrade of its 2030 target from a 20% reduction in net carbon intensity to a dazzling 15-20%. And who needs a target for 2035 anyway? Certainly not a titan of the fossil fuel industry like Shell.
Posted by John Donovan 2 April 2024
The audacious district court ruling in 2021, which Shell now dares to contest, ordered the company to slash its greenhouse gas emissions by a measly 45% by 2030 from 2019 levels. Apparently, that’s the equivalent of asking Godzilla to cut back on his stomping by 45% to preserve Tokyo.
Shell, the poster child for environmental negligence, has the gall to argue that such an order lacks a “legal base.” They even have the nerve to claim that they can’t be held responsible for the emissions caused by the very products they gleefully peddle to the masses.
Moreover, the letter condemns Shell’s recent strategic shift back toward increasing oil and gas production, deriding it as a profit-driven move that spells disaster for the planet. Posted by John Donovan 1st April 2024
In a scathing open letter, a coalition of Hollywood A-listers led by Emma Thompson, Stephen Fry, and Benedict Cumberbatch have slammed Shell for its “callous and vindictive” legal crusade against Greenpeace. The letter, signed by a slew of prominent figures including Greta Thunberg and supported by environmental groups like Extinction Rebellion, lambasts Shell’s CEO Wael Sawan for orchestrating “one of the biggest attacks on Greenpeace’s right to protest in the organisation’s 53-year history.”
Another day, another dose of corporate greed and environmental destruction. Will these oil giants ever learn? Or will they continue to put profits over the planet?Posted by John Donovan 30 March 2024
Brace yourselves for another round of corporate shenanigans, this time starring none other than Shell, the world’s second-largest oil and gas company. In a move that surprises absolutely no one except maybe the most optimistic tree-hugger, Shell has decided to scale back its climate pledges. Saving the planet is just too darn risky for these fossil fuel titans.
Shell’s chief executive, Wael Sawan, voiced his concerns to Reuters, declaring it “perilous” to set emission reduction targets for 2035 due to the “uncertainty” in the energy transition trajectory. Translation: We’re not sure if we want to stop destroying the planet just yet, folks.
…grab your popcorn and get ready to witness Shell and six environmental and social organizations duke it out in court, led by none other than Milieudefensie (aka Friends of the Earth Netherlands) and Greenpeace Netherlands. Posted by John Donovan 30 March 2024
Look who’s back in court again. That’s right, folks, it’s none other than Shell PLC, the poster child for environmental destruction and corporate greed. Next Tuesday, Shell’s appeal over its laughable attempt to shirk responsibility for reducing CO2 emissions comes to court in The Hague, and it promises to be a spectacle worthy of the big screen.
In a move that surprises absolutely no one, the oil supermajor is challenging a 2021 court decision that dared to order it to cut emissions under international climate agreements. Because, when it comes to saving the planet, Shell would rather stick its head in the sand and pretend like nothing’s wrong.
Posted by John Donovan 28 March 2024You see, carbon dioxide storage is the latest cash cow for these fossil fuel fiends, promising them billions in revenue while they continue to wreak havoc on our planet. And where better to dump their toxic waste than in countries like Indonesia and Malaysia, where regulations are lax and profits are high?
Exxon Mobil’s CEO Darren Woods is practically giddy at the prospect, boasting about securing “exclusive rights to CO2 storage” in these unsuspecting nations. Nothing says “saving the planet” like monopolizing the substance driving us towards environmental catastrophe.
“These companies have known since at least the 1950s that their ways of doing business were having calamitous effects on our planet, and rather than change what they were doing or raise the alarm, they lied to all of us.”Posted by John Donovan 27 March 2024
In a move that surprises exactly no one who’s been paying attention to the planet literally burning, Bucks County, nestled in suburban Philadelphia, has taken a bold step in joining the chorus of voices suing Big Oil for their epic saga of deception regarding climate change.
Bucks County, in its lawsuit against a handful of oil behemoths, points fingers at these corporate giants for a litany of sins, including but not limited to, more storms than a Shakespearean tragedy, flooding that would make Noah blush, and heat waves that would melt the polar ice caps faster than you can say “polar bear.” Oh, and let’s not forget the casualties—like the seven unfortunate souls who met their watery demise in a flash flood last summer, courtesy of climate change’s MVPs: oil companies.
That’s right, folks—while the rest of the world is desperately trying to curb emissions, Shell is busy backpedaling on its promises faster than you can say “hypocrisy.”Posted 24 March 2024 by John Donovan
In a jaw-dropping display of corporate entitlement, Frans Everts, the CEO of Shell Netherlands, took to the airwaves to bemoan the audacity of environmental organizations daring to sue companies like Shell. Because clearly, holding polluting behemoths accountable for their role in climate catastrophe is just plain unfair, right?
In a riveting performance on TV program WNL Op Zondag, Everts cried foul, claiming that climate lawsuits were nothing short of economic sabotage. “It does not solve the problems,” he lamented, conveniently forgetting that maybe—just maybe—stopping the relentless pollution might actually, you know, solve a few problems.
Posted by John Donovan: 23 March 2024Joiner’s illustrious career at Shell, spanning back to the dawn of the millennium, apparently qualifies him to spearhead the company’s efforts in decarbonization. One can only assume he’s been perfecting the art of greenwashing since his days as a Business Development Manager for Pulse Energy in Australia. Ah, the memories of Shell’s early 2000s foray into electricity and gas retailing, like a fine wine tainted with the taste of environmental degradation.
In his own words, Joiner expressed his eagerness to continue Shell’s legacy of… well, whatever they’re trying to do. “I have now been with Shell for over 30 years,” he proudly proclaimed on LinkedIn, conveniently omitting any mention of the countless oil spills, emissions, and environmental devastation that may have occurred during his tenure.
Posted by John Donovan: 21 March 2024
In a move as shocking as discovering water is wet, Shell has decided to say “Thank U, Next” to its 50% stake in SouthCoast Wind Energy, leaving the offshore wind project off the coast of Massachusetts faster than a college student leaving their morals at spring break. The lucky recipient of Shell’s fleeting affection? Its joint venture partner, Ocean Winds North America LLC, who probably swiped right without realizing what they were getting into.
Posted by John Donovan: 20 March 2024
In a move that screams “We’re totally green now, guys,” Shell, the fossil fuel titan known for its subtle contributions to global warming, has announced plans to transform its image by shedding some of its oil-slicked skin. Yes, Shell is planning to dump around 500 of its gasoline stations a year in 2024 and 2025 to make room for what’s being touted as the future of motoring: electric vehicle (EV) charging sites. Because nothing says commitment to the energy transition like swapping one pump for another.
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