Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to a...
LONDON - Royal Dutch Shell Plc on Tuesday became the first major oil and gas company to announce plans to leave a leading U.S. refining lobby due to disagreement on climate policies, citing its support for the goals of the Paris climate agreement.
It is the latest sign of how investor pressure on oil companies, particularly in Europe, is leading to changes in their behavior around climate. Last year, Shell caved in to investor pressure over climate change, setting out plans to introduce industry-leading carbon emissions targets linked to executive pay.
The company has disagreed with AFPM on a number of issues for some time, according to two lobbying sources. Shell said it also disagreed with AFPM’s opposition to a price on carbon and action on low-carbon technologies. French oil major Total said in a statement to Reuters that consensus required by organizations such as AFPM does not always reflect its position, and that it regularly monitors the relevance of its participation.
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Shell to quit U.S. refining lobby over climate disagreementRoyal Dutch Shell on Tuesday became the first major oil and gas company to annou...
Baca lebih lajut »
Shell sees rise in Nigeria oil spills in 2018Royal Dutch Shell last year experienced a sharp rise in the number of oil spills...
Baca lebih lajut »
Singapore Airlines grounds two 787-10s citing Rolls-Royce engine problemSingapore Airlines Ltd said on Tuesday it had grounded two Boeing Co 787-10 jets fitted with Rolls-Royce Holdings PLC Trent 1000 TEN engines.
Baca lebih lajut »
Shell quits major US oil lobby over climate changeShell says it's quitting a major US oil lobby because it disagrees with the group's policies on climate change
Baca lebih lajut »
Shell hits climate ball back into investors’ courtThe $260 bln oil major is tying lobbying to its emissions-reduction agenda, augmenting its status as the industry’s most progressive on global warming. It’s a low bar, though. Shell’s modest concession should motivate shareholders to keep holding big polluters’ feet to the fire.
Baca lebih lajut »
PG&E to name TVA's Bill Johnson as CEOJohnson, who has been the CEO of the Tennessee Valley Authority since 2013 and is retiring on Friday, would not comment on the PG&E rumors.
Baca lebih lajut »
Homeland Security secretary asks for new authority to send young migrants back homeNEW: Homeland Security Secretary Kirstjen Nielsen asks for authority to send young migrants back home, citing a 'system-wide meltdown.'
Baca lebih lajut »