Shell had planned to invest $100 million annually in developing carbon sinks that would generate 120 million carbon credits annually from 2030; the company has now abandoned these plans. A media ...

Analysis shows the oil giant sharply increased its use of carbon credits to offset its emissions as the voluntary market faced criticism. As the world’s voluntary carbon market has faced doubts about ...

Shell plc SHEL is signaling a strategic shift by selling some of its carbon projects portfolio as the carbon offset market faces challenges. The strategic move aligns with the CEO, Wael Sawan’s focus ...