Shell’s Investments in Oil and Gas Projects May Increase by 10 Percent This Year

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Shell’s Investments in Oil and Gas Projects May Increase by 10 Percent This Year
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Oil giant Shell is poised to ramp up its investments in planet-warming fossil fuels after ditching its plan to cut oil production.

that Shell’s reversal on oil production could generate an average of “29 million tonnes of extra carbon per year, almost as much as Denmark emits annually.”

“By 2030,” the group added, “Shell’s extra estimated emissions would be as much as Spain — one of Europe’s largest polluters — produces in one year.”is a nonprofit news platform and we cannot publish the stories you’re reading without generous support from people like you. In fact, we still need to raise $12,000 to ensure we have a future doing this critical work.going strong and allow us to bring you the stories that matter most — the ones that you won’t see in mainstream news.

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