Transcripts for BBCNEWS Outside Source 20211103 19:11:00 : v

BBCNEWS Outside Source November 3, 2021 19:11:00

of the world. shell plans to spend four times as much on oil and gas as on renewables next year, which is why some doubt they can obey a dutch court order to halve its net emissions by 2030 and eliminate them by 2050. even if you are very generous and assume they get all the elements of carbon capture storage and offsets that they need, they mightjust miss their 2030 targets and they will not be able to deliver on 2050. in fact, they will be increasing emissions till 2030 and still be producing a significant amount of emissions in 2050. van beurden insists shell's own emissions are on track. compared to 2016, which is a reference year, we have reduced emissions already with 17%, and we are on track to get to minus 50% by 2030. that is just going to be measured, it's going to be put on scorecards, and part of my bonus is going to be dependent on us meeting that.

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