2009 archive
UN Climate Conference closes without adopting 'Copenhagen accord'
Copenhagen: A disaster for the world's poorest
Danish PM tries to derail UN climate talks; Friends of the Earth suspended from the conference
Friends of the Earth suspended from UN climate talks
The angry mermaid winner is...
Africa moves to stop rich country power grab and protect kyoto targets
Statement on police tactics in Copenhagen
Five thousand people Flood Copenhagen for Climate Justice
Climate Capsule: People from around the world demand climate justice now
Public vote closes on Sunday for angry mermaid award
Obama to Receive Prize Based on Promise He Has Failed to Keep
Europe must commit to at least 40% reductions by 2020 without offsetting
Leaked Copenhagen accord text profoundly unjust
40% domestic emissions cuts in europe by 2020: feasible and affordable
Two million want climate justice in copenhagen
We can feed the planet and save the world
Rich countries scheme to ditch Kyoto targets
'CERTIFIED' PALM OIL NOT A SOLUTION
Friends of Earth International calls on President Obama to earn his Nobel
Angry Mermaid award to expose business lobby undermining climate action
First International Climate Justice Tribunal Started
climate talks regress
Rich Countries Try to Dodge Climate Obligations
Halt to Palm Oil Investments Welcomed
'Sustainable Palm Oil' advert false, says watchdog
Environmentalists Welcome World Bank President's Halt to Palm Oil Investments
Shell violates OECD Guidelines in the Philippines
Speechless novel Launched
European Union urged to reconsider its role in Central America
SHELL CLIMATE CRIMES EXPOSED IN NEW REPORT
US HOLDS U.N. CLIMATE NEGOTIATIONS HOSTAGE
climate crisis: Politicians must find just solutions
Carbon Offsetting Exposed as Con
NEW REPORT CASTS DOUBT OVER BIOFUELS ‘WONDER CROP’ JATROPHA
public warned over 'Green Soy' scam
new research reveals that shell is the world’s most carbon intensive oil company
a welcome shift in united nations views on food sovereignty
ShellGuilty Campaign Launched
photo competition winners announced
World Forests Rapidly Disappearing
Negative impacts of monoculture tree plantations on women
GM CROPS FEED BIOTECH GIANTS ONLY
‘biodiversity photo competition starts today
NIGERIA TO STOP COMPANIES FLARING GAS
Friends of the Earth International Calls for an End to the Violence in Gaza
 
You are here: Home / Media / Archive / 2009 / new research reveals that shell is the world’s most carbon intensive oil company

new research reveals that shell is the world’s most carbon intensive oil company

London, May 19 – Research by four leading environmental organisations released today to coincide with Royal Dutch Shell’s Annual General Meeting, reveals the carbon intensity of the top international oil companies. Shell is now the most carbon intensive oil company in the world based on its total resources.

The research examined the leading international oil companies and measured their carbon intensity by calculating emissions per future barrel of oil produced.  While all the companies are moving into higher carbon production, Shell stands out because of its reliance on Nigerian crude which is associated with huge levels of gas flaring, liquefied natural gas which is highly energy intensive, and Shell’s massive gamble on Canada’s tar sands.  Shell revealed to investors last year that 30% of its total resources are tar sands.

 


“As carbon control legislation moves forward in the US, and the world looks towards Copenhagen for action to limit climate change, Shell is going the wrong way by massively increasing the carbon intensity of its production” said Steve Kretzmann, Executive Director of Oil Change International, and one of the authors of the report.

Charlie Kronick, senior climate advisor of Greenpeace UK said

 

“Shell has a stated goal to be the leading tar sands operator, but they can’t lead on tar sands and climate change at the same time. A strategy based on tar sands will inevitably not just damage the climate but also increase risks to the company’s future as well as shareholder and investor value.”

“Shell’s carbon heavy portfolio explains why they have been leading the industry lobby against EU carbon control legislation in Brussels” said Paul de Clerck, Corporate Campaign Coordinator for Friends of the Earth International.

This is not just a problem for Shell. Investors around the world are voicing their concerns over tar sands investment. 30% of ConocoPhillips shareholders voted for a resolution calling for an assessment of the environmental impact of the company’s tar sands projects and today at Statoil’s annual meeting significant support is expected for a motion calling for the company to end its tar sands investment altogether. This research shows that Shell’s tar sands liability and carbon exposure is in fact the greatest among its peers and its claims on “responsible energy” need to be seriously questioned by investors.

 

 

FOR MORE INFORMATION CONTACT:


In the U.K.: Ben Amunwa, Platform/Remember Saro-Wiwa, +44-207-357-0055,
+44-7891-454-714, ben@remembersarowiwa.com

In Belgium: Paul de Clerck, Friends of the Earth International:  +32-494-38 09 59 or paul@milieudefensie.nl

In the US: Steve Kretzmann Oil Change International, +1-202-497-1033,
steve@priceofoil.org

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